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todd llc produces hedge trimmers and has recently adopted activity based costing. overhead inforinformation was recently gathered with respect to the operation of stamping machine:

todd llc produces hedge trimmers and has recently adopted activity based costing. overhead inforinformation was recently gathered with respect to the operation of stamping machine: machine setups, number of setups, quality control, number of quality control inspections. Total overhead costs for the operation the stamping machine are $120,000 of which $90,000 is setups and 30,000 is quality control. There were 10,000 setups. The overhead application rate for setups is?
$10
$9
None of the above

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