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. ABC Odyssey Inc. has a total of $2,362,500 in production overhead costs. The company's products and related statistics follow. Additional data: The 330,000 pounds
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ABC Odyssey Inc. has a total of $2,362,500 in production overhead costs. The company's products and related statistics follow. Additional data: The 330,000 pounds of material were purchased for $544,500. One direct labor hours costs $12. a. Assume that Odyssey Inc. uses direct labor hours to apply overhead to products. Determine the total cost for each product and the cost per unit. Note: Round your final answers to two decimal places (i.e. round $4.355 to $4.36 ). b. Assume that Odyssey Inc. uses machine hours to apply overhead to products. Determine the total cost for each product and the cost per unit. Note: Round your final answers to two decimal places (i.e. round $4.355 to $4.36 ). Determine the total cost for each product and the cost per unit. Note: Round your final answers to two decimal places (i.e. round $4.355 to $4.36 )Step by Step Solution
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