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10) The New York Company produces high quality chairs. Variable manufacturing overhead is applied at a standard rate of $12 per machine hour. Each chair

10) The New York Company produces high quality chairs. Variable manufacturing overhead is applied at a standard rate of $12 per machine hour. Each chair requires a standard quantity of six machine hours. Production for the month totaled 4,000 units. Calculate: The standard cost per unit for variable overhead.

Select one:

a. $130,000

b. $192,000

c. $90,000

d. $100,000

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