Kody corporation uses a job-order costing system with a, Ask an Expert

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Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates:


Machine-hours required to support estimated production		150,000
Fixed manufacturing overhead cost	$	657,000
Variable manufacturing overhead cost per machine-hour	$	4.30

Required:

1.	Compute the predetermined overhead rate

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9965853

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