Warner Manufacturing Has Established the Following Master Flexible Budget for the Current

question 71

Essay

Warner Manufacturing has established the following master flexible budget for the current year:

Manufacturing overhead is applied on the basis of machine hours.At standard,each unit of product requires one machine hour to complete.
Required:
a)The denominator activity level is 120,000 units.What are the predetermined variable and fixed manufacturing overhead rates?
b)Actual data for the year were as follows:

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