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The following data is given for Mandell Company: Actual overhead costs $1,100,000 Budgeted overhead costs $1,000,000 Actual machine hours 190,000 hours Budgeted machine hours 179,000
The following data is given for Mandell Company:
Actual overhead costs | $1,100,000 |
Budgeted overhead costs | $1,000,000 |
Actual machine hours | 190,000 hours |
Budgeted machine hours | 179,000 hours |
What is the standard overhead allocation rate using machine hours for the allocation base? (Round the final answer to the nearest cent.)
Question content area bottom
Part 1
A.
$5.59
per machine hour
B.
$5.79
per machine hour
C.
$6.15
per machine hour
D.
$5.26
per machine hour
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