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Alton Company has an overhead application rate of 159% and allocates overhead based on direct materials. During the current period, direct labor is $56,000 and

Alton Company has an overhead application rate of 159% and allocates overhead based on direct materials. During the current period, direct labor is $56,000 and direct materials used are $86,000. Determine the amount of overhead Alton Company should record in the current period. A. $56,000 B. $35,220 C. $54,088 D. $86,000 E. $136,740

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