Answer
Budgeted Overhead Rate = $4,800,000 \div 80,000$ hours = 60 per machine-hour
Work Step by Step
Budgeted Manufacturing Overhead Costs $\div $Budgeted Machine-Hours
Cost Accounting (15th Edition)
by Horngren, Charles T.; Datar, Srikant M.; Rajan, Madhav V.
Published by
Prentice Hall
ISBN 10:
0133428702
ISBN 13:
978-0-13342-870-4
Chapter 4 - Job Costing - Assignment Material - Problems - Page 145: 4-34(1)
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