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5) The Dave Company has an estimated overhead pool of $400,000 for 2022 and wishes to allocate this overhead by job based on labor

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5) The Dave Company has an estimated overhead pool of $400,000 for 2022 and wishes to allocate this overhead by job based on labor hours, dollars and machine hours. Calculate the rate that will be assigned to each job based an estimated $1,200,000 in wages paid, 50,000 hours worked and 45,000 machine hours of production.

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