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(Appendix 10A) Chojnowski Incorporated Makes a Single Product--A Cooling Coil

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(Appendix 10A) 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:
(Appendix 10A)  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 fixed component of the predetermined overhead rate is closest to: A)  $13.04 per labor-hour B)  $7.67 per labor-hour C)  $15.65 per labor-hour D)  $9.21 per labor-hour
-The fixed component of the predetermined overhead rate is closest to:


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