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5) The Dave Company has an estimated overhead pool of $400,000 for 2023 and wishes to allocate this overhead by job based on labor hours,
5) | The Dave Company has an estimated overhead pool of $400,000 for 2023 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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