Single Plantwide Factory Overhead Rate Kennedy Appliance Inc.'s Machining Department incurred $96,000 of factory overhead...
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Accounting
Single Plantwide Factory Overhead Rate Kennedy Appliance Inc.'s Machining Department incurred $96,000 of factory overhead cost in producing hoses and valves. The two products consumed a total of 3,000 direct machine hours of that amount, hoses consumed 1,400 direct machine hours. Determine the total amount of factory overhead that should be allocated to hoses using machine hours as the allocation base

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