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Harris Company uses a predetermined overhead rate based on Direct Labor costs to apply overhead to jobs. The following information applies to the company in

Harris Company uses a predetermined overhead rate based on Direct Labor costs to apply overhead to jobs. The following information applies to the company in the current year: Direct Labor Cost Estimated $450,000 Actual $480,000 Manufacturing Overhead Estimated $337,500 Actual $350,000The overhead applied to production is: $350,000 $253,125 $460,800 $360,000

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