Answer:
Estimated manufacturing overhead rate= $22 per machine hour
Explanation:
Giving the following information:
Provenzano Corporation manufactures two products: Product B56Z and Product D32N. The company is considering implementing an activity-based costing (ABC) system that allocates its manufacturing overhead to four cost pools.
Machining:
Total Cost= 330,000
Total Activity: Machine-hours= 15,000
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 330,000/15,000= $22 per machine hour