ACCT 505 Final Exam (2017 version) Help

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1 . ​ ( TCO F ) Sandler Corporation bases its predetermined overhead rate on the estimated machine hours for the upcoming year . Data for the upcoming year appear below .
Estimated machine hours 73,000
Estimated variable manufacturing overhead $ 3.49 per machine hour
Estimated total fixed manufacturing overhead
$ 838,7 70
Required :
Compute the company ' s predetermined overhead rate . ( Points : 25 )
2 . ​ ( TCO C ) Enciso Corporation is preparing its cash budget for November . The budgeted beginning cash balance is $ 31,000 . Budgeted cash receipts total $ 135,000 and budgeted cash disbursements total $ 141,000 . The desired ending cash balance is $ 50,000 . The