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For 2021, Clayton Bedding uses machine hours as the only overhead cost-allocation base. The direct cost rate! per unit. The selling price of the product

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For 2021, Clayton Bedding uses machine hours as the only overhead cost-allocation base. The direct cost rate! per unit. The selling price of the product is $21.00. The estimated manufacturing overhead costs are $275,000 and estimated 40,000 machine hours. The actual manufacturing overhead costs are $350,000 and actual machine hours are 50,000 Using job costing the 2021 actual indirect cost rate is

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