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Wagga Wagga

question 14

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Answer the following questions using the information below:
Wagga Wagga Corporation manufactured 30 000 eskies during September.The overhead cost-allocation base is $12.50 per machine-hour.The following variable overhead data pertain to September:
 Actual  Budgeted  Production 30000 units 24000 units  Machine-hours 15000 hours 10800 hours  Variable overhead cost per machine-hour: $12.00$12.50\begin{array} { l r r } & \text { Actual } & \text { Budgeted } \\\text { Production } & 30000 \text { units } & 24000 \text { units } \\\text { Machine-hours } & 15000 \text { hours } & 10800 \text { hours } \\\text { Variable overhead cost per machine-hour: } & \$ 12.00 & \$ 12.50\end{array}
-What is the flexible-budget amount?

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Definitions:

Gross Profit Ratio

A financial metric that indicates the portion of sales revenue exceeding the cost of goods sold, expressed as a percentage.

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