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Business, 25.08.2020 14:01 natem725

Simplex Company has the following estimated costs for next year:Direct Materials$15,000Direct Labor$55,000Sales Commissions$75,000Salary of Production Manager$35,000Indirect Materials$5,000Advertising Expense$11,000Rent on Factory Equipment$16,000Simplex estimates that 10,000 direct labor and 16,000 machine-hours will be worked during the year. If overhead is applied on the basis of machine-hours, the overhead rate per hour will be:

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