Multiple Choice
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, then the budgeted fixed factory overhead for the year is:
A) $30,000
B) $607,500
C) $405,000
D) $1,012,500
Correct Answer:
Verified
Correct Answer:
Verified
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