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Jeremy Corporation estimated manufacturing overhead costs for the year to be $480,000. Jeremy also estimated 10,000 machine hours and 1,000 direct labor hours for the
Jeremy Corporation estimated manufacturing overhead costs for the year to be $480,000. Jeremy also estimated 10,000 machine hours and 1,000 direct labor hours for the year It bases the predetermined overhead allocation rate on machine hours On January 31, Job 25 was completed It required 7 machine hours and 2 direct labor hours. What is the amount of manufacturing overhead allocated to the completed job? (Round your answer to the nearest dollar.) - A. $336 B. S432 OD. $3360
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