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Trippett Industries manufactures cleaning products. During the year, the company spent $602,000 on chemicals and $737,000 on conversion costs. Overhead is allocated at a rate

Trippett Industries manufactures cleaning products. During the year, the company spent $602,000 on chemicals and $737,000 on conversion costs. Overhead is allocated at a rate of 175% of direct labor costs. How much did the company spend on manufacturing overhead during the year?

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$421,143.
$135,000.
$469,000.
$268,000.

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