Carter corporation applies manufacturing overhead on the, Ask an Expert

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Carter Corporation applies manufacturing overhead on the basis of machine-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $163,840. Actual manufacturing overhead for the year amounted to $172,990 and actual machine-hours were 6,560. The company's predetermined overhead rate for the year was $25.60 per machine-hour.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9955463

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