Acme company had the following information for the, Ask an Expert

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Acme Company had the following information for the year:

Direct materials used	$113,100
Direct labor incurred (5,350 hours)	$158,000
Actual manufacturing overhead incurred	$175,400

Acme Company used a predetermined overhead rate of $44 per direct labor hour for the year. Assume the only inventory balance is an ending Work in Process balance of $17,400. How much overhead was applied during the year?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9957502

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