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Jack is currently working on assembling some cost accounting numbers for the upcoming year for a client who produces disposable utensils. The factory has the
Jack is currently working on assembling some cost accounting numbers for the upcoming year for a client who produces disposable utensils. The factory has the following costs: Factory Insurance, $57010; Factory Supervisor's Salary, $201700; Direct Materials (Plastic), $29900; Cardboard for Packaging, $12300; Depreciation on Factory Equipment, $121300; and Assembly Line Worker Wages, $37000. The Direct Labor (DL) costs consisted of 9100 DL hours and 3000 machine hours. Management has decided to proceed using a simple costing system resulting in a plant-wide cost pool. What is the budgeted MOH rate using one plant-wide pool based on machine hours? O $126.67 O $0.01 O $11.78 O $50.40
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