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You apply your overhead based on machine hours at a rate of $7/hour of which $0.40/hour is for depreciation, each unit requires 3.5 hours of

You apply your overhead based on machine hours at a rate of $7/hour of which $0.40/hour is for depreciation, each unit requires 3.5 hours of machine time . You estimate sales for the month of February will be 28,000 units and production will be 27,500 units. What amount of overhead will appear on theincome statement in Februaryas part ofCost of Goods Sold ?

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