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For its purchasing cost pool, Morant, Inc. expected overhead cost of $632,000 and 53,000 purchase orders. The actual overhead cost for that cost pool was
For its purchasing cost pool, Morant, Inc. expected overhead cost of $632,000 and 53,000 purchase orders. The actual overhead cost for that cost pool was $676,500 for 64,000 purchase orders. The activity-based overhead rate used to assign the costs of the inspecting cost pool to products is: [Enter rate per purchase order, rounded to the nearest penny.]
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