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Bakker 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

Bakker 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 $112,850 and 3,700 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $111,150 and actual direct labor-hours were 3,600. The applied manufacturing overhead for the year was closest to:

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