A Manufacturing Company Uses a Standard Costing System in Which

question 14

Multiple Choice

A manufacturing company uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: The following data pertain to operations for the most recent period: The predetermined overhead rate per MH is closest to:

• A)$17.91 per MH
• B)$18.59 per MH
• C)$18.00 per MH
• D)$18.50 per MH