Multiple Choice
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 $8,650 and that the associated rate variance was $250 unfavorable.If 5,000 machine-hours were actually worked during July,the standard maintenance cost per machine-hour was:
A) $1.73 per MH
B) $1.78 per MH
C) $1.68 per MH
D) $1.83 per MH
Correct Answer:
Verified
Correct Answer:
Verified
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