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Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below: Estimated machine-hours 72,400

Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below:

Estimated machine-hours 72,400
Estimated variable manufacturing overhead $3.30 per machine-hour
Estimated total fixed manufacturing overhead $838,800

Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below:

Estimated machine-hours 72,400
Estimated variable manufacturing overhead $3.30 per machine-hour
Estimated total fixed manufacturing overhead $838,800

Multiple Choice

  • $6.72 per machine-hour

  • $14.89 per machine-hour

  • $8.63 per machine-hour

  • $9.90 per machine-hour

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