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Luthan Company uses a plantwide predetermined overhead rate of $23.40 per DL hour. This predetermined overhead rate was based on a cost formula that estimated
Luthan Company uses a plantwide predetermined overhead rate of $23.40 per DL hour. This predetermined overhead rate was based on a cost formula that estimated $257,400 of total manufacturing overhead cost for an estimated 11,000 DL hours.
The company incurred actual DL hours of 10,500.
Determine the manufacturing overhead cost that would have been applied to all jobs during the period for Luthan Company.
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