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EKPN Company

question 75

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EKPN Company prepared the following data in its static budget based on 150,000 machine hours:
 Direct Materials $450,000 Direct Labour 225,000 Variable Overhead 1,125,000 Fixed Overhead 2,100,000\begin{array} { l l } \text { Direct Materials } & \$ 4 5 0 , 0 0 0 \\\text { Direct Labour } & 2 2 5 , 0 0 0 \\\text { Variable Overhead } & 1,125,000 \\\text { Fixed Overhead } & \mathbf { 2 } , 100,000\end{array}  Actual Results:  Machine Hours 160,000 hours  Direct Materials $475,000 Direct Labaur 245,000 Variable Overhead 1,150,000 Fixed Overhead 2,110,000\begin{array} { l l } \text { Actual Results: } & \\\text { Machine Hours } & 160,000 \text { hours } \\\text { Direct Materials } & \$ 475,000 \\\text { Direct Labaur } & 2 4 5 , 000 \\\text { Variable Overhead } & 1,150,000 \\\text { Fixed Overhead } & \mathbf { 2 } , 110,000\end{array}
-What was the budgeted variable costs per machine hour for variable overhead, rounded to the nearest whole cent?

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Definitions:

Negative Reinforcement

A process in operant conditioning where a response is strengthened by stopping, removing, or avoiding a negative outcome or aversive stimulus.

Emancipation

The act of freeing someone from bondage or slavery; best known historically as the emancipation of enslaved individuals in the United States during the Civil War.

Compensated Emancipation

A policy of freeing enslaved people whereby former slave owners were compensated financially for the loss of their slaves.

Rebellious Territories

Regions or areas that resist or defy central authority or governance, often leading to conflict.

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