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1. [10] Calculate the indirect cost rate for the following situations: a) Total Budgeted Overhead of $250,000 and 50,000 labor hours b) Total Budgeted Overhead
1. [10] Calculate the indirect cost rate for the following situations: a) Total Budgeted Overhead of $250,000 and 50,000 labor hours b) Total Budgeted Overhead of $200,000 and 20,000 machine hours c) Total Budgeted Overhead of $150,000 and 15,000 pounds of product
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