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The total expected overhead costs of a manufacturing company are $200000. The company has 40000 budgeted direct labor hours for the year and has submitted
The total expected overhead costs of a manufacturing company are $200000. The company has 40000 budgeted direct labor hours for the year and has submitted a bid for a proposed job having estimated direct material of $36000 and direct labor of $20000. The estimated direct labor hours for the proposed job are 2000 hours. The amount of overhead to be allocated to the proposed job is?
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