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Minnow Manufacturing uses direct labor hours to allocate manufacturing overhead. Based on overhead cost of $40,000 and 10,000 hours of labor, the overhead cost allocated

Minnow Manufacturing uses direct labor hours to allocate manufacturing overhead. Based on overhead cost of $40,000 and 10,000 hours of labor, the overhead cost allocated for each hour of labor would be: a. $0.25 b. $1.00 c. $4.00 d. $5.00

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