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Lowden Company has a predetermined overhead rate of 161% and allocates overhead based on direct material cost. During the current period, direct labor cost is

Lowden Company has a predetermined overhead rate of 161% and allocates overhead based on direct material cost. During the current period, direct labor cost is $62,000 and direct materials cost is $78,000. How much overhead cost should Lowden Company should apply in the current period?

Multiple Choice $62,000. $38,509. $48,447. $125,580. $78,000.

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