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hung company uses a job costing system, and factoryoverhead is applied on the basis of machine hours. at the beggining of the year, management estimated

hung company uses a job costing system, and factoryoverhead is applied on the basis of machine hours.
at the beggining of the year, management estimated that the company would incur $1.050.000 of factory overhead costs and use 70.000 machine hours.
Hung Company recorded the following events during the month of March.
1) compute Hung Company predetermined overhead rate for the year.

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