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help Sivret Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate
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Sivret Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 80,000 Total fixed manufacturing overhead cost $624,000 Variable manufacturing overhead per machine-hour $3.10 Recently, Job M598 was completed with the following characteristics: Number of units in the job 60 Total machine-hours 300 Direct materials $645 Direct labor cost $9,000 How much total manufacturing overhead would be allocated to Job M598? 2,340 248,000 3,270 7.80 Step by Step Solution
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