Answer
Manufacturing Overhead Allocation Rate = $125,000 \div$250,000 = 0.5 or 50%
Work Step by Step
Manufacturing Overhead Allocation Rate = Budgeted Manufacturing Overhead Cost $\div $Budgeted Direct Manufacturing Labor Cost
Cost Accounting (15th Edition)
by Horngren, Charles T.; Datar, Srikant M.; Rajan, Madhav V.
Published by
Prentice Hall
ISBN 10:
0133428702
ISBN 13:
978-0-13342-870-4
Chapter 4 - Job Costing - Assignment Material - Exercises - Page 143: 4-30(1)
Update this answer!
You can help us out by revising, improving and updating this answer.
Update this answerAfter you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.
