Muscato Corporation estimates that its variable manufacturing overhead is $20.60 per machine-hour and its fixed manufacturing overhead is $1,786,640 per period. If the denominator level of activity is 9,200 machine-hours, the fixed component in the predetermined overhead rate would be: Multiple Choice $194.20 per machine-hour $214.80 per machine-hour $20.60 per machine-hour $2.060.00 per machine-hour
Muscato Corporation estimates that its variable manufacturing overhead is $20.60 per machine-hour and its fixed manufacturing overhead is $1,786,640 per period. If the denominator level of activity is 9,200 machine-hours, the fixed component in the predetermined overhead rate would be: Multiple Choice $194.20 per machine-hour $214.80 per machine-hour $20.60 per machine-hour $2.060.00 per machine-hour
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Muscato Corporation estimates that its variable manufacturing overhead is $20.60 per machine-hour and its fixed manufacturing overhead is $1,786,640
per period.
If the denominator level of activity is 9,200 machine-hours, the fixed component in the predetermined overhead rate would be:
Multiple Choice
$194.20 per machine-hour
$214.80 per machine-hour
$20.60 per machine-hour
$2.060.00 per machine-hour
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