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Insert Table Chart Text Shape Media Comment Blue Tuna, Inc. estimates $150,000 in total direct labor; $100,000 in total direct materials; $25,000 in total indirect

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Insert Table Chart Text Shape Media Comment Blue Tuna, Inc. estimates $150,000 in total direct labor; $100,000 in total direct materials; $25,000 in total indirect labor; $20,000 in total indirect materials; and $240,000 in other factory overhead for the period. If Blue Tuna allocates based on direct labor, what will the factory allocation rate be for the period? (5 points) = What will the new factory overhead rate be if estimated total factory overhead increases to $750,000? (5 points) =

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