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EXERCISE 2-2 Apply Overhead Cost to Jobs [1 LO2-2 Luthan Company uses a plantwide predetermined overhead rate of $23.40 per direct labor-hour. This predetermined rate
EXERCISE 2-2 Apply Overhead Cost to Jobs [1 LO2-2 Luthan Company uses a plantwide predetermined overhead rate of $23.40 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $257,400 of total manufacturing overhead cost for an estimated activity level of 11,000 direct labor hours. The company incurred actual total manufacturing overhead cost of $249.000 and 10.800 total direct labor-hours during the period. Required: Determine the amount of manufacturing overhead cost that would have been applied to all jobs during the period
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