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Lake Erie Company uses a plantwide overhead rate with machine hours as the allocation base....

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Accounting

Lake Erie Company uses a plantwide overhead rate with machine hours as the allocation base. Each unit requires 0.75 machine hours to produce. How much overhead will be assigned to each unit produced given the following estimated amounts? Estimated: Department 1 Department 2 Manufacturing overhead costs $ 3,123,500 $ 1,544,000 Direct labor hours 158,000 DLH 258,000 DLH Machine hours 258,000 MH 183,000 MH

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