Business, 15.11.2019 05:31 elenadelfosse

Hibshman corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. at the beginning of the most recently completed year, the company estimated the machine-hours for the upcoming year at 10,000 machine-hours. the estimated variable manufacturing overhead was $6.82 per machine-hour and the estimated total fixed manufacturing overhead was $230,200. the predetermined overhead rate for the recently completed year was closest to: a) $23.15 per machine-hour b) $6.82 per machine-hour c) $29.84 per machine-hour d) $23.02 per machine-hour

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