Lowden Company has an overhead application rate of 158% and allocates overhead based on direct...
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Accounting
Lowden Company has an overhead application rate of 158% and allocates overhead based on direct material cost. During the current period, direct labor cost is $68,000 and direct materials used cost $72,000. Determine the amount of overhead Lowden Company should record in the current period.
$45,570.
$113,760.
$43,038.
$68,000.
$72,000.
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