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Garett Corporation uses a job-order costing system with a single plantwide prezetermined overbead rate based on machine-hours. The company based its predetermined overhead rate for
Garett Corporation uses a job-order costing system with a single plantwide prezetermined overbead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $105,000, variable manufacturing overhead of $3.00 per machine-hour, and 70,000 machine-hours. The company recently completed Job G233 which required 60 machine-hours. The amount of overhead epplied to Job G233 is closest to: (Round your intermediate calculations to 2 decimal ploces.)
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