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12. A company absorbs factory overheads at a rate of $25 per direct labour hour. At the beginning of the year, the company estimated that
12. A company absorbs factory overheads at a rate of $25 per direct labour hour. At the beginning of the year, the company estimated that the direct labour hours would be 12000 hours. During the year, the company charged $250000 in absorbed factory overhead cost, and actual manufacturing overheads cost incurred were $350000. The estimated manufacturing overhead cost at the beginning of the year were:
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