content area top Part 1 Absolute Systems allocates manufacturing overhead based on machine hours. Each connector should require 13 machine hours. According to the static budget, Absolute expected to incur the following: 1,300 machine hours per month (100 connectors 13 machine hours per connector) $6,500 in variable manufacturing overhead costs $7,535 in fixed manufacturing overhead costs During August, Absolute actually used nbsp 500 machine hours to make 86 connectors and spent $ 5 comma 000 in variable manufacturing costs and $ 6 comma 400 in fixed manufacturing overhead costs. Absolute's standard variable manufacturing overhead allocation rate is