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Cooper Manufacturing Company prepared a fixed budget of 80,000 direct labor hours, with estimated overhead costs of $400,000 for variable overhead and $120,000 for fixed

Cooper Manufacturing Company prepared a fixed budget of 80,000 direct labor hours, with estimated overhead costs of $400,000 for variable overhead and $120,000 for fixed overhead. Cooper then prepared a flexible budget at 78,000 labor hours. How much is total overhead costs at this level of activity? (Answer: $510,000)

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