Jessicadiaz8301 Jessicadiaz8301

11-03-2020
Business

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Lowden Company has an overhead application rate of 165% and allocates overhead based on direct material cost. During the current period, direct labor cost is $66,000 and direct materials used cost $74,000. Determine the amount of overhead Lowden Company should record in the current period.

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majorprofessional majorprofessional

16-03-2020

Answer:

The amount of overhead that Lowden should be recorded in the current period = 165% * $74,000 = $122,100

Explanation:

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