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Company X applies manufacturing overhead costs to production at a budgeted indi...
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Company X applies manufacturing overhead costs to production at a budgeted indirect-cost rate of $15 per direct labor-hour. Company X presented the following information in May:
- Direct materials = $100000
- Direct labor (6000 hours at $12/hour) = $72000
- Indirect labor = $25000
- Plant facility rent = $36000
- Sales commission = $20000
For May, manufacturing overhead is:
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