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At Eady Corporation, maintenance is a variable overhead cost that is based on machine-hours. The performance report for July showed that actual maintenance costs totaled
At Eady Corporation, maintenance is a variable overhead cost that is based on machine-hours. The performance report for July showed that actual maintenance costs totaled $11,340 and that the associated rate variance was $360 unfavorable. If 6,100 machine-hours were actually worked during July, the standard maintenance cost per machine-hour was:
A. $1.86 per MH
B. $1.92 per MH
C. $1.80 per MH
D. $1.98 per MH
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