Treasurers, Inc., a manufacturer of gift articles, uses a single plantwide rate to allocate indirect...
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Accounting
Treasurers, Inc., a manufacturer of gift articles, uses a single plantwide rate to allocate indirect costs with machine hours as the allocation base. Estimated overhead costs for the year are $9,000,000. Estimated machine hours are 37,000. During the year, the actual machine hours used were 50,000. Calculate the predetermined overhead allocation rate (Round your answer to the nearest dollar.) O A $120 OB. $167 OC. $180 D. $243
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