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Tarrant Corporation Has Two Manufacturing Departments--Casting and Finishing

Question 98

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Tarrant Corporation has two manufacturing departments--Casting and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Tarrant Corporation has two manufacturing departments--Casting and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates:   Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. The departmental predetermined overhead rate in the Casting Department is closest to: A)  $5.70 B)  $1.30 C)  $5.96 D)  $7.00 Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. The departmental predetermined overhead rate in the Casting Department is closest to:


A) $5.70
B) $1.30
C) $5.96
D) $7.00

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