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The following data is given for Simpson Company: Actual variable overhead costs - $460,000 Budgeted variable overhead costs - $515,000 Actual fixed overhead costs - $520,000 Budgeted fixed overhead costs - 530,000 Actual machine hours -112,000 hours Budgeted machine hours - 111,000 hours What is the standard overhead allocation rate for fixed overhead using machine hours for the allocation base? A. 4.73 per machine hour B. 4.60 per machine hour C. 4.64 per machine hour D. 4.77 per machine hour
Sagot :
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