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Scottso Corporation applies overhead using a normal costing approach based upon machine-hours. Budgeted factory overhead was $286,500, budgeted machine-hours were 19,100. Actual factory overhead was $320,125, actual machine-hours were 19,700. How much overhead would be applied to production?

$286,500.

$320,125.

$310,375.

$295,500.

Financial Accounting, Accounting

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