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Martin Corporation applies manufacturing overhead based on the direct labor hours. Information regarding manufacturing overhead and labor for the year is as shown below: 

Actual manufacturing overhead                                 $118,000 

Estimated manufacturing overhead                             $110,000 

Direct labor hours incurred                                        4,800 

Direct labor hours estimated                                      5,000 

find out the predetermined overhead rate and the amount of applied manufacturing overhead.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M916311

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