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Overhead information for Cran-Mar Company for October follows: Total factory overhead cost incurred $ 30,400 Budgeted fixed factory overhead cost $ 7,129 Total standard overhead
Overhead information for Cran-Mar Company for October follows:
| Total factory overhead cost incurred | $ 30,400 |
|---|---|
| Budgeted fixed factory overhead cost | $ 7,129 |
| Total standard overhead rate per machine hour (MH) | $ 4.94 |
| Standard variable factory overhead rate per MH | $ 3.40 |
| Standard MHs allowed for the units manufactured | 4,000 |
What is the denominator activity level that was used to establish the fixed factory overhead application rate?
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Financial Accounting
Authors: Jane L. Reimers
1st Edition
0131492012, 978-0131492011
