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Zorn company budgeted $600,000 of factory overhead cost for the coming year. It's plantwide allocation base, machine hours is budgeted at 100,000 hours. Budgeted units

Zorn company budgeted $600,000 of factory overhead cost for the coming year. It's plantwide allocation base, machine hours is budgeted at 100,000 hours. Budgeted units to be produced are 200,000 units. Zorns plantwide factory overhead rate is $6.00 per unit? True or False?

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