Question: What is Aristotle standard variable manufacturing overhead allocation rate ? Aristotle Circuits Inc. allocates manufacturing overhead based on machine hours. Each component is expected to

What is Aristotle standard variable manufacturing overhead allocation rate ?

Aristotle Circuits Inc. allocates manufacturing overhead based on machine hours. Each component is expected to require 8 machine hours. According to the static budget, Aristotle expected to incur the following for the month: 1. 560 machine hours (components * 8 machine hours per component) 2: $9,520 in variable manufacturing overhead costs 3. $13,400 in fixed manufacturing overhead costs During August, Aristotle actually used 520 machine hours to make 1440 components and incurred $8,900 in variable manufacturing overhead and $13,250 in fixed manufacturing overhead. What is Aristotle's standard variable manufacturing overhead allocation rate

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