A Manufacturing Company Uses a Standard Costing System in Which

Multiple Choice

A manufacturing company uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: The following data pertain to operations for the most recent period:
-What is the predetermined overhead rate to the nearest cent?

A) $25.25
B) $24.97
C) $25.34
D) $25.06