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Given the following data for Wigits inc., solve for the amount of applied overhead: - Raw materials purchased: $18,000 Raw materials used in production: $15,000

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Given the following data for Wigits inc., solve for the amount of applied overhead: - Raw materials purchased: \$18,000 Raw materials used in production: $15,000 - Direct Labor cost: $13,000 - Factory rent: $10,000 - Indirect labor: $5,000 - Total manufacturing costs: \$45,000 - Cost of goods manufactured: $32,000

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