Question: Save & Exit Lowden Company has a predetermined overhead rate of 160% and allocates overhead based on direct material cost. During the current period, direct

 Save & Exit Lowden Company has a predetermined overhead rate of

Save & Exit Lowden Company has a predetermined overhead rate of 160% and allocates overhead based on direct material cost. During the current period, direct labor cost is $50,000 and direct materials cost is $80,000. How much overhead cost should Lowden Company should apply in the current period

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