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Kay Company budgets overhead cost of $3,960,000 for the next year. The company uses direct labor hours as its overhead allocation base. If 99,000 direct

Kay Company budgets overhead cost of $3,960,000 for the next year. The company uses direct labor hours as its overhead allocation base. If 99,000 direct labor hours are planned for the next year, how much overhead would be assigned to a product requiring 4 direct labor hours?

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