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Lake Erie Company uses a plantwide overhead rate with machine hours as the allocation base. Each unit requires 0.75 machine hours to produce. How
Lake Erie Company uses a plantwide overhead rate with machine hours as the allocation base. Each unit requires 0.75 machine hours to produce. How much overhead will be assigned to each unit produced given the following budgeted amounts? Department 1 Budgeted Data: Overhead costs $ 3,115,500 Direct labor hours Machine hours 154,000 DLH 254,000 MH Department 2 $ 1,532,000 254,000 DLH 179,000 MH Multiple Choice $8.05 per unit $11.39 per unit $10.73 per unit $12.27 per unit $5.53 per unit
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