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Use the data below to calculate the amount of overhead allocated to product 2 assuming that factory overhead is allocated based on machine hours. Overhead:

Use the data below to calculate the amount of overhead allocated to product 2 assuming that factory overhead is allocated based on machine hours.

Overhead: 77,167. I keep getting 5.79, but the answer is 6.38 apparently.

Production units

Product 1: 2,400

Product 2: 10,000

Machine hours per product

Product 1: 7

Product 2: 8

Product 1

Element Units $ per unit
DM component 1 4.54 ounces $88.35/ounce
DL Assistant 8 19

Product 2

Element Units $ per unit
DM component 2 3 ounces $2/ounce
DL Assistant 6 19

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