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Aspen Technologies has the following budget data: Estimated direct labor hours 8,700 Estimated direct labor dollars $54,500 Estimated factory overhead costs $176,000 If factory overhead

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Aspen Technologies has the following budget data: Estimated direct labor hours 8,700 Estimated direct labor dollars $54,500 Estimated factory overhead costs $176,000 If factory overhead is to be applied based on direct labor hours, the predetermined overhead rate is a. $16.18 b. 520.23 C. $30.34 d. 52428

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