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Business, 02.10.2021 14:00 Lalawhite1082

Micro Enterprises planned to produce 120,000 lerts per year. Annual overhead, of which 32.5% is variable, is estimated at $320,400. Each lert takes 1.2 machine hours and 3 labor hours to produce. The firm allocates overhead by direct labor hours. In February, when 11,000 lerts were produced, 32,000 direct labor hours were recorded and expenditures on overhead amounted to $29,650. Which is true for this month?

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Micro Enterprises planned to produce 120,000 lerts per year. Annual overhead, of which 32.5% is vari...
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