Morisey Corporation Bases Its Predetermined Overhead Rate on Variable Manufacturing

question 35

Multiple Choice

Morisey Corporation bases its predetermined overhead rate on variable manufacturing overhead cost of $8.60 per machine-hour and fixed manufacturing overhead cost of $457,002 per period.If the denominator level of activity is 6,300 machine-hours,the predetermined overhead rate would be:

• A)$81.14
• B)$860.00
• C)$72.54
• D)$8.60

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Definitions:

Depolarization

A decrease in the charge difference across a plasma membrane; may result in an action potential in a neuron or muscle cell.

Squid Axon Experiments

Classic scientific experiments conducted to understand the properties of nerve cells by studying the giant axon of squid.

Alan Hodgkin

A British physiologist and biophysicist who, along with Andrew Huxley, elucidated the ionic mechanism underlying nerve impulse transmission, work for which they received the Nobel Prize.

Andrew Huxley

A British physiologist and biophysicist who won the Nobel Prize for Physiology or Medicine in 1963, for his work on the basis of nerve impulse transmission.