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 $ 8 comma 000 comma 000. estimated machine hours are 35 comma 000. during the year, the actual machine hours used were 31 comma 000. calculate the predetermined overhead allocation rate. (round your answer to the nearest dollar.)
a) $163
b) $109
c) $280
d) $82

predetermined overhead allocation rate is $228 per hour

Explanation:

given data

Estimated over head costs = $8,000,000

Estimated machine hours = 35,000

actual machine hours = 31,000

to find out

predetermined overhead allocation rate

solution

we know that predetermined overhead allocation rate is express as

predetermined overhead allocation rate =

put here value

predetermined overhead allocation rate =

predetermined overhead allocation rate = $228.571

so predetermined overhead allocation rate is $228 per hour

(i know i'm late but the answer's "things about yourself" because you want to list things you're capable of, why you want to open up the business, the amount of money you're putting into it,etc.) i'm guessing you take online school small business, the answers to the quizzes are all over quizlet. just look up your question and type quizlet after it and it'll pop up.

answer(d) all of the choices are correct;