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Gregory Corporation uses a single plantwide predetermined overhead rate based on machine-hours in their job-order cost predetermined overhead rate for the current year on
Gregory Corporation uses a single plantwide predetermined overhead rate based on machine-hours in their job-order cost predetermined overhead rate for the current year on the following data: Total machine-hours Total fixed manufacturing overhead cost 40,000 $ 344,000 Variable manufacturing overhead per machine-hour $ 3.90 Recently, Job M759 was completed, requiring 60 machine-hours. The amount of overhead applied to Job M759 is closest to: (Ro calculations to 2 decimal places.) $234 O $750 $984 $516
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