Question: At Eady Corporation, maintenance is a variable overhead cost that is based on machine-hours. The performance report for July showed that actual maintenance costs totaled

At Eady Corporation, maintenance is a variable overhead cost that is based on machine-hours. The performance report for July showed that actual maintenance costs totaled $12,360 and that the associated rate variance was $400 unfavorable. If 6,500 machine-hours were actually worked during July, the standard maintenance cost per machine-hour was: Multiple Choice $1.96 per MH $190 per MH $1.84 per MH $2.02 per MH

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