ACCT 101

Fullerton College

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ACCT 101B EXAM II REVIEW (WARREN 14TH)|ANSWERS ON THE BOTTOM PPAGES | VERIFIED SOLUTION

ACCT 101B EXAM II REVIEW (WARREN 14TH)|ANSWERS ON THE BOTTOM PPAGES | VERIFIED SOLUTION
Exam (elaborations) • 34 pages • 2023

ACCT 101B EXAM II REVIEW (WARREN 14TH)Indicate the answer choice that best completes the statement or answers the question. 1. Pinacle Corp. budgeted $700,000 of overhead cost for the current year. Actual overhead costs for the year were $650,000. Pinacle's plantwide allocation base, machine hours, was budgeted at 100,000 hours. Actual machine hours were 80,000. A total of 100,000 units was budgeted to be produced and 98,000 units were actually produced. Pinacle's plantwide factory overhea...