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Question 1 Blastoff Industries has an overhead budget of $720,000 based on 14,400 direct labour hours. The firm uses activity-based costing and supplies the following

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Question 1 Blastoff Industries has an overhead budget of $720,000 based on 14,400 direct labour hours. The firm uses activity-based costing and supplies the following information: Activity: Design Assembly Testing Budgeted Overhead: $150,000 $480,000 $ 90,000 Cost Driver: 6,000 design changes 20,000 machine hours 6,000 tests Calculate the overhead application rates for each activity

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