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If the Budgeted Factory Overhead Cost Is $460,000, the Budgeted

Question 50

True/False

If the budgeted factory overhead cost is $460,000, the budgeted direct labor hours are 80,000, and the actual direct labor hours are 6,700 for the month, the factory overhead rate for the month is $68.65 (if the allocation is based on direct labor hours).

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