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Marx products makes parts for car engines. Three departments (A, B, and C) are involved in the manufacturing process. The budgets for departmental overhead costs
Marx products makes parts for car engines. Three departments (A, B, and C) are involved in the manufacturing process. The budgets for departmental overhead costs are $25,000, $45,000, and $30,000 respectively, which are allocated to products based on direct labor hours. Estimates of direct labor hours for each department are 5,000 7,000 and 10,000 hours respectively. The business-wide overhead absorption rate is?
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