Question: Develop overhead rates per direct manufacturing labor-hour for machining and assembly using the step-down method. (Round the overhead rates to three decimal places.) Step-down

Develop overhead rates per direct manufacturing labor-hour for machining and assembly usingthe step-down method. (Round the overhead rates to three decimal places.) Step-down

method Total costs allocated to department Machining Assembly 49,900 123,335 Direct manufacturinglabor-hours 7,000 21 ,ooo Overhead rate per direct manufacturing labor-hour 7.129 5873image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

Develop overhead rates per direct manufacturing labor-hour for machining and assembly using the step-down method. (Round the overhead rates to three decimal places.) Step-down method Total costs allocated to department Machining Assembly 49,900 123,335 Direct manufacturing labor-hours 7,000 21 ,ooo Overhead rate per direct manufacturing labor-hour 7.129 5873

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