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2. Speedy, Inc. manufactures 2 products, wheels and seats. The company has estimated its overhead in the assembling department to be $330,000, and the
2. Speedy, Inc. manufactures 2 products, wheels and seats. The company has estimated its overhead in the assembling department to be $330,000, and the overhead is allocated based on the total # of parts used. The company produces 300,000 wheels and 600,000 seats each year. Each wheel uses 2 parts, and each seat uses 3 parts. How much of the assembly overhead should be allocated to wheels?
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Managerial Accounting
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