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Sheridan Company manufactures two products, Regular and Supreme. Sheridan's estimated overhead costs consist of machining, $1400000; and assembling, $500000. Information on the estimated use of
Sheridan Company manufactures two products, Regular and Supreme. Sheridan's estimated overhead costs consist of machining, $1400000; and assembling, $500000. Information on the estimated use of the cost driver by the two products is as follows: Overhead applied to Regular using activity-based costing is $760000.$1140000.$1370000$530000
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