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Melbourne Company estimated that machine-hours for the year would be 39,300 hours and overhead (all fixed) would be $157,200. Melbourne applies its overhead on the
Melbourne Company estimated that machine-hours for the year would be 39,300 hours and overhead (all fixed) would be $157,200. Melbourne applies its overhead on the basis of machine-hours. During the year, all overhead costs were exactly as planned ($157,200). There was $21,200 in overapplied overhead.
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How many machine-hours were worked during the period?(Do not round intermediate calculations.)
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