Mathematics · Cost Accounting - Budgeted Hours Calculation
Given the following data: Actual overheads: $496,980 Actual machine hours: 16,566 Budgeted overheads: $475,200 Based on the data above, and assuming that the budgeted overhead absorption rate was $32 per hour, what was the number of hours budgeted to be worked (to the nearest hour)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 114,851 hours
- 213,850 hours
- 314,950 hours
- 414,850 hours✓
Correct answer
14,850 hours
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