The following information was taken from the annual manufacturing overhead cost budget of Crane Company...
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Accounting
The following information was taken from the annual manufacturing overhead cost budget of Crane Company Variable manufacturing overhead costs $67950 Fixed manufacturing overhead costs $36000 Normal production level in labor hours 23100 Normal production level in units 5775 Standard labor hours per unit 4 During the year, 5600 units were produced, 21840 hours were worked, and the actual manufacturing overhead was $151200. Actual fixed manufacturing overhead costs equaled budgeted fixed manufacturing overhead costs. Overhead is applied on the basis of direct labor hours. Crane's total overhead rate is $4.50 $2.31. $4.00. O $6.53
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