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Cody Co. developed its annual manufacturing overhead budget for its master budget for 2016 as follows: The relevant range for monthly activity is expected to

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Cody Co. developed its annual manufacturing overhead budget for its master budget for 2016 as follows: The relevant range for monthly activity is expected to be between 8,000 and 12,000 direct labor hours. Prepare a flexible budget for a monthly activity level of 8,000 and 9,000 direct labor hours

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