Heersink Corporation bases its predetermined overhead rate on variable manufacturing overhead cost of $9.30 per...
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Accounting
Heersink Corporation bases its predetermined overhead rate on variable manufacturing overhead cost of $9.30 per machine-hour and fixed manufacturing overhead cost of $127,536 per period. If the denominator level of activity is 4,800 machine-hours, the fixed element in the predetermined overhead rate would be closest to:
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