Kennedy Appliance Inc.’s Machining Department incurred $71,300 of factory overhead cost in  producing hoses and valves. The two products consumed a total of 3,100 direct machine hours. Of that amount, hoses consumed 1,200 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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Solution Predetermine overhead rate 11 total overhea... View the full answer