Question: Please provide the accurate answer to this general accounting problem using valid techniques. Greenwood Company estimates that overhead costs for the next year will be

Please provide the accurate answer to this general accounting problem using valid techniques.

Greenwood Company estimates that overhead costs for the next year will be $2,500,000 for indirect labor and $600,000 for factory utilities. The company uses machine hours as _ its overhead allocation base. If 80,000 machine hours are planned for next year, what is the company's plantwide overhead rate

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