Buffet Corporation has annual manufacturing overhead costs of $70,000. Using the following data, calculate overhead application rates

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Buffet Corporation has annual manufacturing overhead costs of $70,000.

Using the following data, calculate overhead application rates based on machine hours, direct labor costs, and direct labor hours.

Machine hours for the year Direct labor costs for the year Direct labor hours for the year 10,000 hours

$175,000 25,000 hours LO.1

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Somshukla Chakraborty

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