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b. Recompute the income statement using direct labor-hours as the only allocation base (220 hours for teen counseling: 470 hours for executive coaching). (Do not

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b. Recompute the income statement using direct labor-hours as the only allocation base (220 hours for teen counseling: 470 hours for executive coaching). (Do not round intermediate calculations.) Executive Counseling Coaching Account Teen Total Revenue Expenses Profit 69,000 $138,000 207,000 93,800 $113,200

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