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What mno predetermined fixed overhead rate was

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Question 1: MNO's actual and budgeted fixed overhead amounts for the last year were $360,000 and $300,000. Actual hours worked were 60,000 hours. 80,000 hours had been budgeted for the year. MNO's predetermined fixed overhead rate was:

a) $2.50 an hour

b) $6 per hour

c) $3.75 an hour

d) $10 per hour

Reference no: EM132559074

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