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Paris Manufacturing Ltd produces souvenirs and gifts. The policy of the company is to apply factory overhead to jobs based on machine hours. The budgeted
Paris Manufacturing Ltd produces souvenirs and gifts. The policy of the company is to apply factory overhead to jobs based on machine hours. The budgeted fixed overhead consists of $70000 managers salary, depreciation of $27500 and rent of $60000. The remainder is variable overhead made up of the following items.
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