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Direct Method and Overhead Rates departments are as follows: The company does not break overhead into fixed and variable components. The bases for allocation are

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Direct Method and Overhead Rates
departments are as follows:
The company does not break overhead into fixed and variable components. The bases for allocation are power-machine hours; general factory-square feet; and purchasing-purchase orders.
Required:
Cost assignment:
Using machine hours, compute departmental overhead rates. (Round the overhead rates to the nearest cent.)
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