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    February 2017's Avatar
    February 2017 Posts: 2, Reputation: 1
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    #1

    Feb 20, 2010, 01:03 PM
    The Collins Company forecasts that total overhead for the current year will be $12,00
    The Collins Company forecasts that total overhead for the current year will be $12,000,000 and that total machine hours will be 200,000 hours. Year to date, the actual overhead is $8,000,000 and the actual machine hours are 100,000 hours. If the Collins Company uses a predetermined overhead rate based on machine hours for applying overhead, what is that overhead rate?
    February 2017's Avatar
    February 2017 Posts: 2, Reputation: 1
    New Member
    		  
    #2

    Feb 20, 2010, 01:06 PM
    The Collins Company forecasts that total overhead for the current year will be $12,00
    The Collins Company forecasts that total overhead for the current year will be $12,000,000 and that total machine hours will be 200,000 hours. Years to date, the actual overhead is $8,000,000 and the actual machine hours are 100,000 hours. If the Collins Company uses a predetermined overhead rate based on machine hours for applying overhead, what is that overhead rate?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #3

    Feb 21, 2010, 01:15 AM

    I have merged your two threads together as double-posting just serves to confuse us and take up extra time trying to help people.

    Please see the guidelines for posting homework:
    https://www.askmehelpdesk.com/financ...-b-u-font.html
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