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EKPN Company prepared the following data in its static budget based on 150,000 machine hours:
-What was the budgeted variable costs per machine hour for variable overhead, rounded to the nearest whole cent?

Question

Use the following information to answer questions 
EKPN Company prepared the following data in its static budget based on 150,000 machine hours: 
-What was the budgeted variable costs per machine hour for variable overhead, rounded to the nearest whole cent?

Quizplus · Accepted Answer

The budgeted variable cost for variable overhead is $1,125,000/150,000 machine hours = $7.50/machine hour.

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