The amount of overhead costs should be allocated to inventory and the amount that should be included in current-period expenses. Given information: 9.5 million Baseballs have been produced. Fixed expenses amounted to $2 million.

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Chapter 10, Problem 2JC

To determine

The amount of overhead costs should be allocated to inventory and the amount that should be included in current-period expenses.

Given information:

9.5 million Baseballs have been produced.

Fixed expenses amounted to $2 million.

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