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1. At the beginning of the year, a company predicts total overhead costs of $596,400. The company applies overhead using machine hours and estimates it
1. At the beginning of the year, a company predicts total overhead costs of $596,400. The company applies overhead using machine hours and estimates it will use 1,420 machine hours during the year. a. Calculate the predetermined OH rate. b. What amount of overhead should be applied to Job 65A if that job uses 15 machine hours during January
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