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 $)?
$______ per machine hour.
The correct answer is: 45.
The machine hour absorption rate is (to the nearest $) $45 per machine hour.
Machine hour absorption rate
$45 per machine hour
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