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Deltan Corp. allocates overhead to production on the basis of direct labor costs. If Deltan's total estimated overhead is $690,000 and estimated direct labor cost

Deltan Corp. allocates overhead to production on the basis of direct labor costs. If Deltan's total estimated overhead is $690,000 and estimated direct labor cost is $300,000, determine the amount of overhead to be allocated to finished goods inventory. There is $180,000 of total direct labor cost in the jobs in the finished goods inventory. (Round the Overhead rate to the nearest whole percent.)

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