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ACME Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead
ACME Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $304,445 and 6,432 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $311,500 and actual direct labor-hours were 5,980. What was the applied manufacturing overhead for the year?
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