Question: Lowden Company has an overhead application rate of 161% and allocates overhead based on direct material cost. During the current period, direct labor cost is

Lowden Company has an overhead application rate of 161% and allocates overhead based on direct material cost. During the current period, direct labor cost is $62,000 and direct materials used cost $78,000. Determine the amount of overhead Lowden Company should record in the current period. Multiple Choice $62,000. $48,447. $38,509. $78,000. $125,580

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