Glasner Corporation Bases Its Predetermined Overhead Rate on Variable Manufacturing

question 45

Multiple Choice

Glasner Corporation bases its predetermined overhead rate on variable manufacturing overhead cost of $2.70 per machine-hour and fixed manufacturing overhead cost of $289,784 per period. If the denominator level of activity is 8,800 machine-hours, the variable element in the predetermined overhead rate would be:

• A) $2.70
• B) $35.63
• C) $35.26
• D) $32.93

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Definitions:

Independent Clause

A group of words that contains a subject and a verb and expresses a complete thought, functioning as a sentence or part of a sentence.

Subordinate Thoughts

Ideas or considerations that are considered less important or secondary to a main line of thinking.

Complex Sentence

A sentence that contains one independent clause and at least one dependent clause.

Main Clauses

Central components of a sentence that express a complete thought and contain a subject and a predicate.