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Oriole Company produces earbuds. During the year, manufacturing overhead costs are estimated to be $212,500. Estimated machine usage is 2,500 hours. The company assigns overhead

Oriole Company produces earbuds. During the year, manufacturing overhead costs are estimated to be $212,500. Estimated machine usage is 2,500 hours. The company assigns overhead based on machine hours. Job No. 551 used 90 machine hours.

Predetermined overhead rate

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