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a aoints) Direct labor is the cost driver for the Smith Company's variable and fixed overhead. Fifteen minutes of direct labor is varsol. Annual budgeted

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a aoints) Direct labor is the cost driver for the Smith Company's variable and fixed overhead. Fifteen minutes of direct labor is varsol. Annual budgeted production is 10,500 -pallon cans. Required: Calculate the standard cost lines for fixed overhead and variable overhead using the high-low method. Full Std Cost card not required. All numbers must bel labeled

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