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Business, 18.02.2020 00:01 smilxess

Taylor Company uses normal costing. It allocates manufacturing overhead costs using a budgeted rate per machine-hour. The following data are available for 2017:

Budgeted manufacturing overhead costs $3,800,000
Budgeted machine-hours 200,000
Actual manufacturing overhead costs $3,660,000
Actual machine-hours 196,000

(a) The budgeted manufacturing overhead rate is ?
(b) The manufacturing overhead allocated during 2017 is ?

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