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Chojnowski Incorporated Makes a Single Product-A Cooling Coil Used in Commercial

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Chojnowski Incorporated makes a single product-a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Chojnowski Incorporated makes a single product-a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below:   The variable component of the predetermined overhead rate is closest to: A)  $1.76 per labor-hour B)  $2.36 per labor-hour C)  $2.20 per labor-hour D)  $1.94 per labor-hour The variable component of the predetermined overhead rate is closest to:


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