Normal operating capacity of Robertson Inc. is 100,000 machine hours per month, the level used to compute
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(1) Determine the fixed portion of the factory overhead application rate.
(2) Determine the variable portion of the factory overhead application rate.
(3) Is factory overhead for March over- or under applied, and by how much?
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1 Fixed portion of the factory overhead application rate 150000 10000...View the full answer
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