Lowden Company has an overhead application rate of 156% and allocates overhead based on direct material cost. During the current period, direct labor cost is $71,000 and direct materials used cost $70,000. Determine the amount of overhead Lowden Company should record in the current period.
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Home » Business » Lowden Company has an overhead application rate of 156% and allocates overhead based on direct material cost. During the current period, direct labor cost is $71,000 and direct materials used cost $70,000.