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A company expects next year's overhead costs to be $400,000. During this time, the company also expects to produce 1,000,000 units, have 200,000 direct labor
A company expects next year's overhead costs to be $400,000. During this time, the company also expects to produce 1,000,000 units, have 200,000 direct labor hours, and 800,000 machine hours.
Make the following independent calculations.
a. Compute a plantwide overhead rate using units of production as the allocation base.
b. Compute a plantwide overhead rate using direct labor hours as the allocation base.
c. Compute a plantwide overhead rate using machine hours as the allocation base.
please answer in chart format
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