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olympic footwear makes three models of running shoe: the gold, the silver, and the bronze. next year, the firm anticipates $1.32 million in overhead costs. it also expects using the following number of machine hours for each model: model machine hours gold 65,090 silver 48,540 bronze 92,370 if olympic allocates overhead by machine hours, what is the firm's appropriate predetermined overhead rate? $27.19 per machine hour.

Respuesta :

The firm's appropriate predetermined overhead rate is $6.41 per machine hour on basis of given figures.

What does machine slang mean?

A machine is something that was made by humans to simplify work. It is a device or invention that increases the impact of human labor. The device generates a mechanical benefit.

What functions do machines perform?

A machine is a tool that allows a tiny applied force to be multiplied in order to overcome a strong opposing force or to gain speed. Simple machines are often used to lift heavy loads with an ack or pulley, to ride a bicycle, or to cut with a pair of scissors.

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