Mathematics · Cost Accounting - Overhead Absorption Rate
Sloan Co absorbs overheads on machine hours. In a period, actual machine hours were 22,435, actual overheads were $496,500 and there was over absorption of $64,375. What was the budgeted overhead absorption rate per machine hour (to the nearest $)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1$29
- 2$27
- 3$26
- 4$25✓
Correct answer
$25
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