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Answer the Following Questions Using the Information Below:
Hobart Corporation

Question 45

Multiple Choice

Answer the following questions using the information below:
Hobart Corporation manufactured 20 000 heaters during November.The overhead cost-allocation base is $15.75 per machine-hour.The following variable overhead data pertain to November:
 Actual  Budgeted  Production 20000 units 22000 units  Machine-hours 7875 hours 9000 hours  Variable overhead cost per machine-hour: $15.50$15.75\begin{array} { l r r } & \text { Actual } & \text { Budgeted } \\\text { Production } & 20000 \text { units } & 22000 \text { units } \\\text { Machine-hours } & 7875 \text { hours } & 9000 \text { hours } \\\text { Variable overhead cost per machine-hour: } & \$ 15.50 & \$ 15.75\end{array}
-What is the actual variable overhead cost?


A) $122 063
B) $124 031
C) $125 000
D) $139 500

Correct Answer:

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