INTRODUCTION - Oregon State University

9-10: A factory makes jeans and chinos. Overhead was budgeted at $150,000, but was actually $132,000. Budgeted production was 10,000 jeans and 5,000 chinos. Actual production was 10,000 jeans and 2,000 chinos. Overhead is applied using a budgeted overhead rate, and the allocation base is units of output. Required: A) Calculate the overhead rate. ................
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