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Smith Company manufactures switches. The company estimates annual manufacturing overhead costs will be $160,000. Estimated machine usage will be 40,000 hours and estimated direct labor

Smith Company manufactures switches. The company estimates annual manufacturing overhead costs will be $160,000. Estimated machine usage will be 40,000 hours and estimated direct labor hours will be 2,000. The company assigns overhead based on machine hours.

Job 123 used 1,000 machine hours.

What is the amount of overhead to apply to Job 123?

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