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Hollins, Inc., a manufacturer of computer chips, employs activity-based costing. The budgeted data for each of the activity cost pools is provided below for the
Hollins, Inc., a manufacturer of computer chips, employs activity-based costing. The budgeted data for each of the activity cost pools is provided below for the year 2014. For 2014, the company had 11, 600 orders and used 49, 200 machine hours, and labor hours totaled 497, 900. Calculate the overhead rates for each activity. (Round answers to 2 decimal places, e.g. $12.25.) What is the total overhead applied? Total Overhead Applied $ ______
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