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Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs to be $ 3 0 0

Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs to be $300,000, and direct labor costs to be $150,000. Actual overhead costs for the year totaled $330,000, and actual direct labor costs totaled $170,000. At year-end, the balance in the Factory Overhead account is a:Multiple Choice$330,000 Debit balance. $170,000 Debit balance. $10,000 Credit balance. $340,000 Credit balance. $10,000 Debit balance.

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