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Velph Company uses a job - order costing system and has two manutacturing departments - Molding and rabrication. Ine company provided the following estimates at

Velph Company uses a job-order costing system and has two manutacturing departments-Molding and rabrication. Ine company provided the following estimates at the beginning of the year:
\table[[,Molding,Fabrication,Total],[Machine-hours,25,000,33,000,58,000],[Fixed manufacturing overhead cost,$720,000,$280,000,$1,000,000
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