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Suction , Inc . , is a manufacturer of vacuums and uses standard costing. Manufacturing overhead ( both variable and fixed ) is allocated to

Suction,Inc., is a manufacturer of vacuums and uses standard costing. Manufacturing overhead(both variable and fixed) is allocated to products on the basis of budgeted machine-hours. In 2020, budgeted fixed manufacturing overhead cost was $ 18 comma 000 comma 000. Budgeted variable manufacturing overhead was $ 12 per machine-hour. The denominator level was 1 comma 000 comma 000machine-hours.
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