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The following information is provided for the year: Actual overhead $225,000 Actual machine hours worked 25,000 Budgeted machine hours Applied overhead 20,000 $150,000 The budgeted
The following information is provided for the year: Actual overhead $225,000 Actual machine hours worked 25,000 Budgeted machine hours Applied overhead 20,000 $150,000 The budgeted overhead used to calculate the predetermined rate must have been
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