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Simplex Company Has the Following Estimated Costs for Next Year

question 16

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Simplex Company has the following estimated costs for next year: Simplex Company has the following estimated costs for next year:   Simplex estimates that 10,000 direct labor and 16,000 machine-hours will be worked during the year. If overhead is applied on the basis of machine-hours, the overhead rate per hour will be: A)  $8.56 B)  $7.63 C)  $6.94 D)  $3.50
Simplex estimates that 10,000 direct labor and 16,000 machine-hours will be worked during the year. If overhead is applied on the basis of machine-hours, the overhead rate per hour will be:


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