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The following information relating to a company's overhead costs is available. ...

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Accounting

The following information relating to a company's overhead costs is available.
Budgeted fixed overhead rate per machine hour $ 2.00
Actual variable overhead $ 95,000
Budgeted variable overhead rate per machine hour $ 1.50
Actual fixed overhead $ 12,000
Budgeted hours allowed for actual output achieved 37,000

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