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Baker 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
Baker 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 $97,200 and 3,000 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $99,200 and actual direct labor-hours were 2,850. The overhead for the year was: (Round your intermediate calculations to 2 decimal places.)
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