(Answered) Question - peabody ltd applies manufacturing overhead to

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Question - Peabody, Ltd. applies manufacturing overhead to WIP using a predetermined overhead rate based on machining hours. Peabody has provided the following information for June.

Budgeted Manufacturing Overhead: $307,778
Budgeted machining hours: 10,166
Manufacturing Overhead Incurred: $404,122
Actual machining hours: 14,671

How much manufacturing overhead did Peabody debit to WIP?

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