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Farrow Co. estimates that overhead costs for the next year will be $3,600,000 for Indirect labor and $280,000 for factory utilities. Farrow Co uses machine
Farrow Co. estimates that overhead costs for the next year will be $3,600,000 for Indirect labor and $280,000 for factory utilities. Farrow Co uses machine hours as its overhead allocation base. I 125,000 machine hours are planned for this next year, what is the company's plantwide overhead rate? (Round your answer to two decimal places.) Multiple Choice $0.03 per machine hour. $0.14 per machine hour $7.04 per machine hout $28.30 per machine hour. $35.84 per machine hour
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