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Assume that Angle Max Industries allocates overhead using a plantwide overhead rate based on machine hours.How much total overhead will be assigned to a product that requires 1 direct labor hour and 2.5 machine hours in the Assembly Department,and 3.5 direct labor hours and 0.5 machine hours in the Finishing Department?
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Economies of Scale
Cost advantages achieved when an enterprise increases production and efficiency, reducing the cost per unit.
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