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If Total Machine Hours 70,346 Applied Variable Overhead...

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Question

Accounting

If

Total Machine Hours 70,346
Applied Variable Overhead $ 492,425

and

Fixed Manufacturing Overhead:
Building costs (taxes, insurance, etc.) $ 54,000.00
Depreciation $ 69,900.00
Salaries and benefits for indirect personnel $ 100,800.00
Total Cost $ 717,125.06

then the rate should be

Pre-determined Overhead Rate: $ 17.19

correct?

Answer & Explanation Solved by verified expert
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