Fullagar Corporation's Cost Formula for Its Manufacturing Overhead Is $15,400

question 82

Multiple Choice

Fullagar Corporation's cost formula for its manufacturing overhead is $15,400 per month plus $11 per machine-hour. For the month of May, the company planned for activity of 7,500 machine-hours, but the actual level of activity was 7,540 machine-hours. The actual manufacturing overhead for the month was $102,710.
-The manufacturing overhead in the planning budget for May would be closest to:

• A)$98,340
• B)$97,900
• C)$102,710
• D)$102,165

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Definitions:

Jefferson

Thomas Jefferson, an American Founding Father, the principal author of the Declaration of Independence (1776), and the third President of the United States (1801–1809).

Slave Rebellion

An act of open or covert resistance by enslaved people against their enslavers or the enslavement system, often aiming for freedom, improved conditions, or a systemic change.

Gabriel Prosser

An enslaved African American who planned a large slave rebellion in Richmond, Virginia, in 1800; however, the plot was discovered and suppressed.

Treaty Of San Ildefonso

An agreement signed in 1800 between France and Spain, notably including the secret return of the Louisiana territory to France from Spain.