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Assume a company's direct labor budget for October estimates 10,000 labor-hours to meet the month's production requirements. The variable manufacturing overhead rate used for budgeting

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Assume a company's direct labor budget for October estimates 10,000 labor-hours to meet the month's production requirements. The variable manufacturing overhead rate used for budgeting purposes is $3.00 per direct labor-hour. The budgeted fixed manufacturing overhead for October is $60,000 including $8,000 of depreciation. What is the total budgeted manufacturing overhead for October? Multiple Choice $88,000 $82,000 $90,000 O $98,000 Assume that a company provided the following cost formulas for three of its expenses (where a refers to the number of hours worked): Rent (fixed) Supplies (variable) Utilities (mixed) $3,000 $4.000 $150 + $0.759 The company's planned level of activity was 2,130 hours and its actual level of activity was 1,850 hours. How much supplies expense would be included in the planning budget? Multiple Choice $8.220 $7.920 O $8.520 $8,420

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