Question: Normal capacity =100% and overhead is applied based on direct labor hours Standard overhead rate =$9,200/4,000=$2.30 per direct labor hour Direct materials are $66.50 per

 Normal capacity =100% and overhead is applied based on direct labor

Normal capacity =100% and overhead is applied based on direct labor hours Standard overhead rate =$9,200/4,000=$2.30 per direct labor hour Direct materials are $66.50 per unit. Direct labor is $23.50 per hour. Prepare a flexible budget for overhead based on the above data

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