Using job costing, the 2014 actual indirect-cost rate is ________
For 2014, Bakers Manufacturing uses machine-hours as the only overhead cost-allocation base. The direct cost rate is $3.00 per unit. The selling price of the product is $20.00. The estimated manufacturing overhead costs are $240,000 and estimated 40,000 machine hours. The actual manufacturing overhead costs are $300,000 and actual machine hours are 50,000.
A) $6.00 per machine-hour
B) $5.80 per machine-hour
C) $6.50 per machine-hour
D) $6.75 per machine-hour
Answer: A
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