The Charade Corporation is preparing its Manufacturing Overhead budget for the fourth quarter of the year. The budgeted variable manufacturing overhead is $5.00 per direct labor-hour; the budgeted fixed manufacturing overhead is $75,000 per month, of which $15,000 is factory depreciation.If the budgeted direct labor time for December is 8,000 hours, then average budgeted manufacturing overhead per direct labor-hour is closest to:
A. $12.50 per direct labor-hour
B. $14.38 per direct labor-hour
C. $9.38 per direct labor-hour
D. $16.25 per direct labor-hour
Answer: B
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