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Nieto Machine shop budgeted 2,700 labor hours and 5,400 machine hours used in may. Total budgeted overhead for May is 124,000. What is the overhead

Nieto Machine shop budgeted 2,700 labor hours and 5,400 machine hours used in may. Total budgeted overhead for May is 124,000. What is the overhead rate using labor hours and also using machine hours?

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