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2. (3 points) Tuttle Company uses a predetermined rate to apply overhead. At the beginning of the year, Tuttle estimated its overhead costs at $110,400,
2. (3 points) Tuttle Company uses a predetermined rate to apply overhead. At the beginning of the year, Tuttle estimated its overhead costs at $110,400, direct labor hours at 13,800, and machine hours at 24,000. Actual overhead costs incurred were $116,100, actual direct labor hours were 14,200, and actual machine hours were 22,800. If the predetermined overhead rate is based on machine hours, what is the total amount credited to the factory overhead account for the year for Tuttle? a. $113,600 b. $104,880 c. $110,400 d. $116,100 e. $63,480 f. $192,000 g. $65,320 h. None of the above
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