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At the beginning of the year, Concord Corporation estimates annual overhead costs to be $2400000 and that 200000 machine hours will be operated. Using machine
At the beginning of the year, Concord Corporation estimates annual overhead costs to be $2400000 and that 200000 machine hours will be operated. Using machine hours as a base, the amount of overhead applied during the year if actual machine hours for the year was 255000 hours is
$1882353.
$2400000.
$1680000.
$3060000.
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