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Red Raider Company uses a plantwide overhead rate based on machine hours. Each unit requires...

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Accounting

Red Raider Company uses a plantwide overhead rate based on machine hours. Each unit requires 2.00 machine hours to produce. How much overhead will be assigned to each unit produced given the following budgeted amounts?

Budgeted Data: Department 1 Department 2
Overhead costs $ 3,000,000 $ 3,532,000
Direct labor hours 176,000 DLH 118,000 DLH
Machine hours 34,000 MH 12,000 MH

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