Buker Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below: The predetermined overhead rate for the recently completed year was closest to: $22.04 $29.59 $7.67 $2971
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Question & Answer: Buker Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcomi…..
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Fixed Predetermined Overhead rate = Estimated total fixed manufacturing overhead / Estimated overheads
Variable predetermined overhead rate = $7.67
Predetermined Overhead rate = $29.71