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Culver Industries manufactures dining chairs and tables. The following information is available regarding the two products and their estimated use of cost drivers: Dining

Culver Industries manufactures dining chairs and tables. The following information is available regarding the two products and their estimated use of cost drivers: Dining Chairs Tables Estimated Cost Machine setups 295 695 $49,500 Inspections 345 565 $73,710 Labor hours 2,600 2,400 Culver is considering switching from one overhead rate based on labor hours to ABC. Perform the following analyses for these two components of overhead:

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