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Rubyor Corporation bases its predetermined overhead rate on variable manufacturing overhead cost of $10.70 per machine-hour and fixed manufacturing overhead cost of $821,104 per period.If the denominator level of activity is 7,300 machine-hours,the variable element in the predetermined overhead rate would be:
Robert Owen
A 19th-century Welsh social reformer and one of the founders of utopian socialism and the cooperative movement.
Model Factory Village
A planned community designed during the Industrial Revolution to house factory workers, often including amenities and facilities intended to improve workers' living conditions and productivity.
Public Education
Education that is provided by the government to all individuals at no cost, funded by taxpayer dollars, and available to everyone within the jurisdiction.
New Harmony
Community founded in Indiana by British industrialist Robert Owen in 1825; the short-lived New Harmony Community of Equality was one of the few nineteenth-century communal experiments not based on religious ideology.
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