Mathematics · Cost Accounting - Absorption Rate
Given the following data: Budgeted overheads: $690,480 Budgeted machine hours: 15,344 Actual machine hours: 14,128 Actual overheads: $679,550 Based on the data above, what is the machine hour absorption rate (to the nearest $)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1$49 per machine hour
- 2$48 per machine hour
- 3$45 per machine hour✓
- 4$44 per machine hour
Correct answer
$45 per machine hour
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