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Barr Mig. provided the following information from its accounting records for 2013: Expected production 30,000 labor hours Actual production 28,000 labor hours Budgeted overhead $900,000
Barr Mig. provided the following information from its accounting records for 2013: Expected production 30,000 labor hours Actual production 28,000 labor hours Budgeted overhead $900,000 Actual overhead $870,000 How much is the overhead application rate if Barr bases the rate on direct labor hours
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