Beech has budgeted fixed overhead of $402,500 based on budgeted production of 17,500 units. During July, 14.900 units were produced and $218,200 was spent on fixed overhead, What is the budgeted fixed overhead rate? Multiple Choice $2701 $23.00 $14.64 $12.49

Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter8: Standard Cost Accounting—materials, Labor, And Factory Overhead
Section: Chapter Questions
Problem 21E: Georgia Gasket Co. budgets 8,000 direct labor hours for the year. The total overhead budget is...
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Beech has budgeted fixed overhead of $402,500 based on budgeted production of 17,500 units. During July, 14,900 units were produced and $218,200 was spent
on fixed overhead. What is the budgeted fixed overhead rate?
Multiple Choice
$27.01
$23.00
$14.64
$12.49
Transcribed Image Text:Beech has budgeted fixed overhead of $402,500 based on budgeted production of 17,500 units. During July, 14,900 units were produced and $218,200 was spent on fixed overhead. What is the budgeted fixed overhead rate? Multiple Choice $27.01 $23.00 $14.64 $12.49
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