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Rainbow, Inc. produces three products: Blue, Red, and Yellow. Blue requires 30 machine setups, Red requires 50 setups, and Yellow requires 120 setups. Rainbow
Rainbow, Inc. produces three products: Blue, Red, and Yellow. Blue requires 30 machine setups, Red requires 50 setups, and Yellow requires 120 setups. Rainbow has identified an activity cost pool with allocated overhead of $240,000 for which the cost driver is machine setups. How much overhead is assigned to Blue? Provide numerical response only, no symbols or special characters.
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