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What amount of overhead will be assigned to a unit of output

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Question

Riverview Company's budget for the coming year includes $7,600,000 for manufacturing overhead, 40,000 hours of direct labor, and 280,000 hours of machine time.

If Riverview applies overhead using a predetermined rate based on machine-hours, what amount of overhead will be assigned to a unit of output which requires 0.7 machine hours and 0.30 labor hours to complete?

Reference no: EM132327110

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