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5.00 points Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine hours. At the beginning of the year, the company estimated its total

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5.00 points Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine hours. At the beginning of the year, the company estimated its total overhead cost to be $325,000 and machine hours to be 25,000. Actual manufacturing overhead and machine hours were $372.000 and 26,000, respectively Required: 1. Compute the predetermined overhead rate per Machine Hour 2. Compute applied manufacturing overhead 3. Compute over- or underapplied manufacturing overhead 9/1/2018 Type here to search

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