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At the beginning of last year, Tari Corporation budgeted $1,000,000 of fixed manufacturing overhead and chose a denominator level of activity of 500,000 machine-hours. At
At the beginning of last year, Tari Corporation budgeted $1,000,000 of fixed manufacturing overhead and chose a denominator level of activity of 500,000 machine-hours. At the end of the year, Tari's fixed manufacturing overhead budget variance was $14,000 favorable. Its fixed manufacturing overhead volume variance was $20,000 favorable. Actual direct labor-hours for the year were 525,000. What was Tari's total standard machine-hours allowed for last year's output? |
510,000
1,070,000
1,020,000
1,050,000
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