A furniture manufacturer 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:
The predetermined overhead rate is closest to:
A) $21.90 per hour
B) $21.80 per hour
C) $21.16 per hour
D) $21.26 per hour
Correct Answer:
Verified
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