Manhattan Company produces high-quality chairs. Variable manufacturing overhead is applied at a standard rate of $10 per
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Manhattan Company produces high-quality chairs. Variable manufacturing overhead is applied at a standard rate of $10 per machine hour. Each chair requires a standard quantity of 3 machine hours. Production for July totaled 3,000 units. Calculate
(a) standard cost per unit for variable overhead, and
(b) flexible budget amount for variable overhead for the month of July.
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