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:
-The predetermined overhead rate per MH is closest to:
A) $17.91 per MH
B) $18.59 per MH
C) $18.00 per MH
D) $18.50 per MH
Correct Answer:
Verified
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