Question: The predetermined overhead rate (variable and fixed) is $7.50 per machine hour, and the denominator activity level is 135,000 machine hours. If the variable portion

 The predetermined overhead rate (variable and fixed) is $7.50 per machine

The predetermined overhead rate (variable and fixed) is $7.50 per machine hour, and the denominator activity level is 135,000 machine hours. If the variable portion of the predetermined overhead rate is $3.00 per machine hour, what is the budgeted fixed factory overhead for the year? Multiple Choice O $30,000. O $607,500. O $405,000. O $1,012,500

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