Hair Corporation bases its default overhead rate on variable manufacturing overhead of $9.50 per machine-hour and fixed
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Hair Corporation bases its default overhead rate on variable manufacturing overhead of $9.50 per machine-hour and fixed manufacturing overhead of $947,672 per period.
If the denominator activity level is 8900 machine-hours, what would be the default overhead rate?
Related Book For
Managerial Accounting
ISBN: 978-0078111006
14th edition
Authors: Ray Garrison, Eric Noreen and Peter Brewer
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