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A company uses activity-based costing to allocate overhead costs. The total overhead costs are $1,000,000, and the company has identified three cost pools with the

A company uses activity-based costing to allocate overhead costs. The total overhead costs are $1,000,000, and the company has identified three cost pools with the following activity levels: Activity 1 - 10,000 hours, Activity 2 - 5,000 hours, Activity 3 - 2,000 hours. Allocate the overhead costs to each activity using the ABC method.

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