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Company XYZ uses direct labor hours to allocate its manufacturing overhead. Manufacturing overhead was estimated to be $430,000 for the year. Actual manufacturing overhead was

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Company XYZ uses direct labor hours to allocate its manufacturing overhead. Manufacturing overhead was estimated to be $430,000 for the year. Actual manufacturing overhead was $415,000 and actual labor hours were 22,000. The estimated direct labor hours for the year was 20,000. The amount of manufacturing overhead applied to production would be

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