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A company produces two products: running shoes and basketball shoes. For a given period, total overhead costs related to machines is $100,000. Over the same
A company produces two products: running shoes and basketball shoes. For a given period, total overhead costs related to machines is $100,000. Over the same period, total machine hours used to produce both shoes is 40,000. The overhead rate, if machine hours is the cost driver used to allocate machine overhead costs, is O $2.5 per machine hour O $1 per machine hour $1.5 per machine hour $2 per machine hour
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