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The Beatles Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate
The Beatles Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data:
Total machine-hours | 80,000 |
Total fixed manufacturing overhead cost | 688,000 |
Variable manufacturing overhead per machine-hour | $3.90 |
Recently, Job M759 was completed. It required 120 machine-hours. The amount of overhead applied to Job M759 is closest to: (Round your intermediate calculations to 2 decimal places.)
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