smart corporation is a manufacturer of smartphones. assume smart allocates manufacturing overhead based on machine hours. additional information for smart is as follows: · budgeted 5 million machine hours and $50 million of manufacturing overhead costs · actual machine hours of 6 million · actual total manufacturing overhead costs of $48 million what is smart’s predetermined manufacturing overhead rate?

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mick1943 mick1943

05-10-2022
Business

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smart corporation is a manufacturer of smartphones. assume smart allocates manufacturing overhead based on machine hours. additional information for smart is as follows: · budgeted 5 million machine hours and $50 million of manufacturing overhead costs · actual machine hours of 6 million · actual total manufacturing overhead costs of $48 million what is smart’s predetermined manufacturing overhead rate?

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