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A company uses machine hours (MHs) to allocate their manufactuing overhead cost with capacity-based method. At the end o
Posted: Wed Mar 09, 2022 8:23 am
by answerhappygod
- A Company Uses Machine Hours Mhs To Allocate Their Manufactuing Overhead Cost With Capacity Based Method At The End O 1 (30.79 KiB) Viewed 38 times
A
company uses machine hours (MHs) to allocate their manufactuing overhead cost with capacity-based method. At the end of year, the
company closes the underlover-applied manufacuturing overhead entirely to cost of goods sold. The
company finds that it needs to debit cost of goods sold by $51,600 for this adjustment Actual machine hours 14,000 MHS Estimated machine hours for planned production 14400 MHS Estimated machine hours at capacity 7 MHS Estimated manufacturing overhead at capacity $49.938 Actual manufacturing overhead $396,000 Q. What is the amount of estimated machine hours (MHs) at capacity? ANS MHS