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PROBLEM 2-JOB ORDER Hickman Company applies manufacturing overhead based on direct labor hours. Information concerning manufacturing overhead and labor for the year follows: Actual manufacturing

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PROBLEM 2-JOB ORDER Hickman Company applies manufacturing overhead based on direct labor hours. Information concerning manufacturing overhead and labor for the year follows: Actual manufacturing overhead $118,000 Estimated manufacturing overhead $110,000 Direct labor hours incurred 4,800 Direct labor hours estimated 5,000 Instructions (a) Calculate the predetermined overhead rate (b) Calculate the amount of applied manufacturing overhead

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