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Acme Company applies manufacturing overhead to jobs using an overhead rate based on direct labor hours. During the current year, actual direct labor hours


 

Acme Company applies manufacturing overhead to jobs using an overhead rate based on direct labor hours. During the current year, actual direct labor hours were 60,750 and actual manufacturing overhead costs were $542,000. Before the year started, Acme estimated that its annual direct labor hours would be 61,900 and its manufacturing overhead costs would be $458,060. Acme's manufacturing overhead costs for the year are:

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