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The Plantwide Manufacturing Overhead Rate is $ 4 5 . 2 3 Required information [ The following information applies to the questions displayed below. ]
The Plantwide Manufacturing Overhead Rate is $
Required information
The following information applies to the questions displayed below.
Hickory Company manufactures two products units of Product and units of Product The company uses
a plantwide overhead rate based on direct laborhours. It is considering implementing an activitybased costing ABC
system that allocates all $ of its manufacturing overhead to four cost pools. The following additional information is
available for the company as a whole and for Products and :
Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product and Product
Note: Round your intermediate calculations to decimal places and your final answers to the nearest whole dollar amount.
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