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Compute the business-wide overhead absorption rate

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Question - Marx products makes parts for car engines. Three departments (A, B, and C) are involved in the manufacturing process. The budgets for departmental overhead costs are $25,000, $45,000, and $30,000 respectively, which are allocated to products based on direct labor hours. Estimates of direct labor hours for each department are 5,000 7,000 and 10,000 hours respectively. Compute the business-wide overhead absorption rate?

Reference no: EM132620820

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