Multiple Choice
Glasner Corporation bases its predetermined overhead rate on variable manufacturing overhead cost of $2.70 per machine-hour and fixed manufacturing overhead cost of $289,784 per period. If the denominator level of activity is 8,800 machine-hours, the variable element in the predetermined overhead rate would be:
A) $2.70
B) $35.63
C) $35.26
D) $32.93
Correct Answer:
Verified
Correct Answer:
Verified
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