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Find mno predetermined fixed overhead rate was

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Reference no: EM132559078

Question 1: MNO's actual and budgeted fixed overhead amounts for the last year were $120,000 and $100,000. Actual hours worked were 30,000 hours. 50,000 hours had been budgeted for the year. MNO's predetermined fixed overhead rate was:

a) $2 per hour

b) $6 per hour

c) $5 per hour

d) $10 per hour

Reference no: EM132559078

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