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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

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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 rate on total estimated overhead of $108,000 and 3,600 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $106,300 and actual direct labor-hours were 3,500. The applied manufacturing overhead for the year was closest to

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