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Actual overhead costs, $650,000; estimated manufacturing overhead costs, $600,000; estimated direct labor costs, $250,000; estimated direct labor hours, 50,000 hours.What is the manufacturing overhead application
Actual overhead costs, $650,000; estimated manufacturing overhead costs, $600,000; estimated direct labor costs, $250,000; estimated direct labor hours, 50,000 hours.What is the manufacturing overhead application rate if direct labor costs are used as the basis?
5%
42%
240%
250%
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