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Coronado Industries considers machine hours to be the best activity base for allocating its manufacturing overhead. At the beginning of the current period, the
Coronado Industries considers machine hours to be the best activity base for allocating its manufacturing overhead. At the beginning of the current period, the company estimated annual overhead costs totaling $2785000. The company used 1000 hours of processing on Job No. B12 during the period and incurred manufacturing overhead costs totaling $2660000. The estimated machine hours for the year totaled 10000. How much overhead should be applied to Job No. B12? O $2785 O $266000 O $2660 O $278500
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