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Lowden Company has an overhead application rate of 160% and allocates overhead based on direct material cost. During the current period, direct labor cost is

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Lowden Company has an overhead application rate of 160% and allocates overhead based on direct material cost. During the current period, direct labor cost is $53,000 and direct materials used cost $83,000. Determine the amount of overhead Lowden Company should record in the current period. Multiple Choice $51,875 $33,125 $132.800. $83,000 $53,000

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