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QUESTION 4 At the beginning of the year, Monroe Company estimates annual overhead costs to be $900,000 and that 300,000 machine hours will b operated.

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QUESTION 4 At the beginning of the year, Monroe Company estimates annual overhead costs to be $900,000 and that 300,000 machine hours will b operated. Using machine hours as a base, the amount of overhead applied during the year if actual machine hours for the year was 315,000 hours is $157,500. $857.143 $945,000. $630,000

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