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Attempt in Progress Bonita Industries thinks machine hours is the best activity base for its...

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Accounting

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Attempt in Progress Bonita Industries thinks machine hours is the best activity base for its manufacturing overhead. The estimate of annual overhead costs for its jobs was $1750000. The company used 1000 hours of processing on Job No. 012 during the period and incurred overhead costs totaling $1900000. The budgeted machine hours for the year totaled 20000. How much overhead should be applied to Job No B12? $87500 $1900 $95000 $1750 Save for Later Attempts: 0 of 1 used Submit Answer Sunland Company provided the following information from its accounting records for 2019. Expected production 40000 labor hours Actual production 36000 labor hours $ 1100000 Budgeted overhead Actual overhead $ 1060000 How much is the overhead application rate if Sunland Company bases the rate on direct labor hours? $30.56 per hour $26.50 per hour 2750 Darba

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