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Scoresby Co. uses 6 machine hours and 2 direct labor hours to produce Product X. It uses 8 machine hours and 16 direct labor hours
Scoresby Co. uses 6 machine hours and 2 direct labor hours to produce Product X. It uses 8 machine hours and 16 direct labor hours to produce Product Y. Scoresby's Assembly and Finishing departments have factory overhead rates of $240 per machine hour and $160 per direct labor hour, respectively. How much total factory overhead will be allocated to a unit of each of the two products?
a.Product X, $1,760; Product Y, $4,480
b.Product X, $1,440; Product Y, $2,560
c.Product X, $800; Product Y, $800
d.Product X, $3,200; Product Y, $9,600
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