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Budget production is 30,000 units. Activity: Standard machine hours allowed per unit: 3 Actual number of units produced: 29,000 Costs: Actual fixed overhead costs incurred:
Budget production is 30,000 units. Activity: Standard machine hours allowed per unit: 3 Actual number of units produced: 29,000 Costs: Actual fixed overhead costs incurred: $552,600 Fixed overhead budget variance : $3,600 U What was the fixed predetermined overhead allocation rate per standard machine hour? (Round to the nearest cent)
Budget production is 30,000 units.
Activity:
Standard machine hours allowed per unit: 3
Actual number of units produced: 29,000
Costs:
Actual fixed overhead costs incurred: $552,600
Fixed overhead budget variance : $3,600 U
What was the fixed predetermined overhead allocation rate per standard machine hour? (Round to the nearest cent)
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