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Tyler Tooling Company uses a job order cost system with overhead applied to products on the basis of machine hours. For the upcoming year, the
Tyler Tooling Company uses a job order cost system with overhead applied to products on the basis of machine hours. For the upcoming year, the company estimated its total manufacturing overhead cost at $ and total machine hours at During the first month of operations, the company worked on three jobs and recorded the following actual direct materlals cost, direct labor cost, and machine hours for each job:
tableJob Job Job TotalDirect materials used,$$$$
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