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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 much

image text in transcribed 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? Multiple Choice $8.17 per unit $10.89 per unit $12.43 per unit $11.57 per unit $5.61 per unit

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