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27 Bayest Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last year, the Corporation worked 58,750
27 Bayest Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last year, the Corporation worked 58,750 actual direct labor-hours and incurred $462,000 of actual manufacturing overhead cost. The Corporation had estimated that it would work 61,100 direct labor-hours during the year and incur $403,260 of manufacturing overhead cost. The Corporation's manufacturing overhead cost for the year was: (Round your intermediate calculations to 2 decimal places.) 8 01:41:45 Multiple Choice overapplied by $74,250 O underapplied by $74,250 overapplied by $58,740 o underapplied by $58,740
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