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Griffin, Inc., estimates manufacturing overhead costs for the 2015 accounting period as follows. The company uses a predetermined overhead rate based on machine hours. Estimated

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Griffin, Inc., estimates manufacturing overhead costs for the 2015 accounting period as follows. The company uses a predetermined overhead rate based on machine hours. Estimated hours for labor in 2015 were 217,000 and for machines were 134,000. Required: a. Calculate the predetermined overhead rate. b. Determine the amount of manufacturing overhead applied to Work in Process Inventory during the 2015 period if actual machine hours were 149,000

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