The Cunningham Factory Has Determined That Its Budgeted Factory Overhead

question 95

Multiple Choice

The Cunningham Factory has determined that its budgeted factory overhead budget for the year is $6,750,000 and budgeted direct labor hours are 5,000,000. If the actual direct labors for the period are 175,000 how much overhead would be allocated to the period?

• A) $675,000
• B) $129,630
• C) $236,250
• D) $175,000

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Definitions:

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The interest rate stated on a bond or loan agreement without adjustment for inflation.

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A bond's annual interest payment divided by its current price, indicating the return an investor would expect if the bond is held for a year.

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