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Please help me solve! Fact Pattern: Earnest and Earnest, Inc., allocates manufacturing overhead based on machine hours. The following are annual flexible budget data: Machine

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Fact Pattern: Earnest and Earnest, Inc., allocates manufacturing overhead based on machine hours. The following are annual flexible budget data: Machine hours 800,000 1,000,000 Total manufacturing OH $625,000 $775,000 .. What is the estimated variable overhead cost per machine hour using the high-low method? A. $1.24 B. $.775 C. $.78 D. $.75

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