Rubyor Corporation Bases Its Predetermined Overhead Rate on Variable Manufacturing

question 84

Multiple Choice

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:

• A)$112.48
• B)$123.18
• C)$121.66
• D)$10.70

---

Definitions:

George H.W. Bush

George H.W. Bush was the 41st President of the United States, serving from 1989 to 1993, notable for his leadership during the Gulf War.

1989 and 1990

The years marking significant global political changes, including the end of the Cold War, fall of the Berlin Wall in 1989, and the reunification of Germany in 1990.

Money Laundering

The illegal process of making large amounts of money generated by criminal activity, such as drug trafficking or terrorist funding, appear to be earned legitimately.

Manuel Noriega

A Panamanian military officer and politician who was the de facto ruler of Panama from 1983 to 1989 before being removed from power by an American military intervention.