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Magnify Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2020. Machine setup-hours is

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Magnify Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2020. Machine setup-hours is the only driver of manufacturing overhead costs. Magnify has a set up capacity of 820 hours. 1 (Click the icon to view the information.) Calculate the manufacturing overhead costs budget (label it Schedule 5)

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