Business, 05.05.2020 07:04 leobaut6145

Rooney, Inc. estimates manufacturing overhead costs for the Year 3 accounting period as follows. Equipment depreciation $ 191,200 Supplies 20,600 Materials handling 33,000 Property taxes 14,900 Production setup 20,400 Rent 44,300 Maintenance 39,300 Supervisory salaries 182,300 The company uses a predetermined overhead rate based on machine hours. Estimated hours for labor in Year 3 were 204,000 and for machines were 130,000. Required Calculate the predetermined overhead rate. (Round your answer to 2 decimal places.) Determine the amount of manufacturing overhead applied to Work in Process Inventory during the Year 3 period if actual machine hours were 145,000. (Do not round intermediate calculations.)\

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Rooney, Inc. estimates manufacturing overhead costs for the Year 3 accounting period as follows. Equ...

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