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Sheffield Companys overhead rate for machine setups is $111 per setup. A total of 100 setups are estimated for the period. At year-end, it was
Sheffield Companys overhead rate for machine setups is $111 per setup. A total of 100 setups are estimated for the period. At year-end, it was determined that Products A and B have 58 and 42 setups, respectively. How much is the overhead cost assigned to each product?
A. Product A $6438, Product B $4662
B. Product A $11100, Product B $4200
C. Product A $5800, Product B $5800
D. Not enough information to determine the answer
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