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General Electric has an overhead budget of $9,000,000 and expects to use 150,000 direct labor hours. If a job uses 2,000 direct labor hours, calculate

General Electric has an overhead budget of $9,000,000 and expects to use 150,000 direct labor hours. If a job uses 2,000 direct labor hours, calculate the overhead applied to the job. Prepare the balance sheet after the formation of the partnership.

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