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Wilco Corp applies overhead based on direct labor costs. For the current year, Wilco Corp estimated total overhead costs to be $464,000, and direct labor

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Wilco Corp applies overhead based on direct labor costs. For the current year, Wilco Corp estimated total overhead costs to be $464,000, and direct labor costs to be $2,320,000. Actual overhead costs for the year totaled $428,000, and actual direct labor costs totaled $1,960,000. At year-end, Factory Overhead is

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