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A business absorbs its fixed production overhead on the basis of direct labor hours. The budgeted labor hours for week 24 were 4,200. During that
A business absorbs its fixed production overhead on the basis of direct labor hours. The budgeted labor hours for week 24 were 4,200. During that week, 4,050 direct labor hours were worked and the production overhead incurred was $16,700. The overhead was under absorbed by $1,310. Calculate the budgeted fixed overhead for the week (to the nearest $10)
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