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Huxtable charges manufacturing overhead to products by using a predetermined application rate, computed on the basis of machine hours. The following data pertain to the
Huxtable charges manufacturing overhead to products by using a predetermined application rate, computed on the basis of machine hours. The following data pertain to the current year: Budgeted manufacturing overhead: $563,500 Actual manufacturing overhead: $ 523,000 Budgeted machine hours: 24,500 Actual machine hours: 19,530 Overhead applied to production totaled:
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