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Company XYZ uses direct labor hours to allocate its manufacturing overhead. Manufacturing overhead was estimated to be $450,000 for the year. Actual manufacturing overhead was
Company XYZ uses direct labor hours to allocate its manufacturing overhead. Manufacturing overhead was estimated to be $450,000 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: Select one: a. $506,000 b. None of the answers given c. $495,000 d. $450,000 e. $409,091
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