Answer the following question(s) using the information below.Cloudy Company manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirect cost allocation rate of $21 per direct labour hour.The following data are obtained from the accounting records for June in the current year:
-The amount of manufacturing overhead allocated to all jobs during June totals
Definitions:
Hedonism
A philosophical theory suggesting that pleasure or happiness is the highest good and utmost aim of human life.
Epicurus
An ancient Greek philosopher who founded Epicureanism, a philosophy that taught the pursuit of happiness through the elimination of pain and fear, emphasizing simple pleasures, friendship, and a contemplative life.
Exponent
A person who believes in and promotes the truth or benefits of an idea or theory.
Stoicism
The philosophical school that advocates for inner peace by accepting the moment as it presents itself, without being led by desires or fears.
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