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At the beginning of the year, Rio Grande Company estimates annual factory overhead costs to be $450,000 and that direct labor cost will be $300,000
At the beginning of the year, Rio Grande Company estimates annual factory overhead costs to be $450,000 and that direct labor cost will be $300,000 Using direct labor cost to apply factory overhead, the amount of overhead applied during the year if actual direct labor cost for the year was $315,000 is: Multiple Choice $428,572 $472,500 $210,000 $315.000
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