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Meenach Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct laborhours. The company based its predetermined overhead rate

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Meenach Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct laborhours. The company based its predetermined overhead rate for the current year on 53.000 direct labor-hours, total fixed manufacturing overhead cost of $53,000, and a variable manufacturing overhead rate of $3.20 per direct labor-hour. Recently Job X387 was completed and required 250 direct labor-hours

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