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Multiple Choice Question 83 Sheridan Company provided the following information from its accounting records for 2017. Expected production80000 labor hours Actual production Budgeted overhead Actual

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Multiple Choice Question 83 Sheridan Company provided the following information from its accounting records for 2017. Expected production80000 labor hours Actual production Budgeted overhead Actual overhead 76000 labor hours $700000 $670000 How much is the overhead application rate if Sheridan Company bases the rate on direct labor hours? $8.75 per hour O $9.21 per hour $8.82 per hour $8.38 per hour Question Attempts: 0 of 1

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