Answer:
overhead rate = $62 per machine hour
Step-by-step explanation:
given data
total overhead = $15,500,000
total machine hours = 250,000
actual overhead = $16,000,000
actual machine hours = 330,000 hours
to find out
overhead rate based on machine hours is
solution
we find here Predetermined overhead rate that is calculate as
overhead rate = [tex]\frac{estimate overhead}{estimate machine hour}[/tex]
put here value
overhead rate = [tex]\frac{15500000}{250000}[/tex]
overhead rate = $62 per machine hour
