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Overhead was estimated to be $400,000 for the year along with 20,000 direct labor hours. Actual overhead was $415,000, actual labor hours were 21,000. The amount of overhead applied to production would be:

a) $400,000

b) $415,000

c) $420,000

d) $435,750

Accounting Basics, Accounting

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  • Reference No.:- M944065

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