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A Corporation uses a predetermined overhead rate of $23.90 per direct labor hour. This predetermined rate was based on a cost formula that estmated $286,8000 of total manufacturing overhead for an estimated activity level of 12,000 direct labor hours. The company incurred actual total manufacturing overhead costs of $266,000 and 11,100 total direct labor hours during the period. Determine the amount of manufacturing overhead that would have been applied to all jobs during the period. Manufacturing overhead applied_?

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Accounting Basics, Accounting

Category:- Accounting Basics
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