(Appendix 11A)The Murray Corporation Makes and Sells a Single Product

Multiple Choice

(Appendix 11A) The Murray Corporation makes and sells a single product.The company recorded the following activity and cost data for May: The fixed component of the predetermined overhead rate is $0.95 per direct labor-hour. The fixed manufacturing overhead used to calculate the predetermined overhead rate was:

A) $64, 125
B) $67, 500
C) $68, 400
D) $70, 275