question archive 1) Jansen Corp
1) Jansen Corp
Subject:AccountingPrice: Bought3
1) Jansen Corp. uses machine hours as a base for its factory overhead rate. The following information is available for the year 2020.
Budgeted Machine hours 273,000 hr.
Factory Overhead Rate P 5.00/mhr.
Under-applied Factory Overhead P 16,900
Actual Machine Hours 265,200
How much is the actual factory overhead cost?
2. Jansen Corp. uses machine hours as a base for its factory overhead rate. The following information is available for the year 2020.
Budgeted Machine hours 273,000 hr.
Factory Overhead Rate P 5.00/mhr.
Under-applied Factory Overhead P 16,900
Actual Machine Hours 265,200
How much is the estimated(budgeted) factory overhead?
3. Machine hours used to set the predetermined overhead rate were 136,000, actual hours were 128,000, and the budgeted overhead was P285,600. The factory overhead applied was:
Group of answer choices
P285,600
303,450
268,800
273,000
