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Jackson Company had the following information for the year: Direct materials used $296,500 Direct labor incurred (9,600 hours) $252,400 Actual manufacturing overhead incurred $350,800 Jackson

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Jackson Company had the following information for the year: Direct materials used $296,500 Direct labor incurred (9,600 hours) $252,400 Actual manufacturing overhead incurred $350,800 Jackson Company used a predetermined overhead rate using estimated overhead of $399,500 and 8,500 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods balance of $19,300. How much overhead was applied during the year? Multiple Choice $252,400 $399,500 $350,800 $451,200

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