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Required information A manufacturing company has a standard costing system based on machine hours (MHS) as the measure of activity. Data from the company's flexible
Required information A manufacturing company has a standard costing system based on machine hours (MHS) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: Denominator Level of Activity Overhead Costs at the Denominator Activity Level: Variable Overhead Cost Fixed Overhead Cost 6,000 MHs $35,000 $75,000 The following data pertain to operations for the most recent period: Actual Hours Standard Hours Allowed for the Actual Output Actual Total Variable Overhead Cost Actual Total Fixed Overhead Cost 6,300 MHs 6,000 MHS $36,540 $75,000 How much overhead was applied to products during the period, rounded to the nearest dollar? (Do not round intermediate calculations.) Multiple Choice $113,415 $116,550 $109,980 $112,850
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