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Lake Erie Company uses a plantwide overhead rate with machine hours as the allocation base. Next year 690,000 units are expected to be produced taking
Lake Erie Company uses a plantwide overhead rate with machine hours as the allocation base. Next year 690,000 units are expected to be produced taking 0.80 machine hours each. How much overhead will be assigned to each unit produced given the following estimated amounts? Department 1 $3,125,500 59,000 DLH 259,000 MH Department 2 $1,547,000 259,000 DLH 184,000 MH Estimated: Manufacturing overhead costs Direct labor hours Machine hours $1118 per unit O $844 per unit O $11 per unit O $4.89 per unit O $12.07 per unt
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