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The Sexton Company allocates manufacturing overhead to production based on direct labor hours. The following information is available: Estimated manufacturing overhead $227,520 Actual manufacturing overhead $225,760 Estimated direct labor hours 18,000 Actual direct labor hours 17,000 The company's overhead application rate should be: a. $12.64 b. $13.28 c. $12.95 d. None of these answers is correct

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91975138

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