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XYZ Company applies overhead to jobs using direct labor cost as an activity. For the current year, XYZ's estimated overhead was $600,000 and estimated direct
XYZ Company applies overhead to jobs using direct labor cost as an activity.
For the current year, XYZ's estimated overhead was $600,000 and estimated
direct labor cost was $240,000. Actual overhead costs for the year totaled
$640,000 and actual direct labor costs for the year were $250,000. For the
year, overhead was:
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