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GSP Manufacturing uses machine hours to allocate overhead costs to products. Budgeted information for the current year follows: Budgeted overhead cost $ 217,600 Budgeted machine
GSP Manufacturing uses machine hours to allocate overhead costs to products. Budgeted information for the current year follows: Budgeted overhead cost $ 217,600 Budgeted machine hours 2,560 machine hours Budgeted direct labor hours 13,600 direct labor hours The plantwide overhead rate based on machine hours is:
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