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Harrison Co. produces two products, AB and XY. Information about the current period's production is as follows: AB XY Units produced 50,000 65,000 Prime cost
Harrison Co. produces two products, AB and XY. Information about the current period's production is as follows:
| AB | XY |
Units produced | 50,000 | 65,000 |
Prime cost | 750,000 | 650,000 |
Machine hours | 30,000 | 60,000 |
Harrison uses a plantwide rate of 4 per machine hour to apply overhead to production. Budgeted overhead was 392,000, but actual overhead was 376,000. What were Harrison Company's budgeted machine hours for the period?
a.
94,000 hours
b.
98,000 hours
c.
115,000 hours
d.
90,000 hours
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