A company absorbs factory overheads at a rate of N$25.00 per direct labour hour. At...

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Accounting

A company absorbs factory overheads at a rate of N$25.00 per direct labour hour. At the beginning of the year, the company estimated that the direct labour hours were 10 000 hours. During the year, the actual direct labour hours and actual manufacturing overheads costs incurred were 12 000 hours and N$350 000, respectively. The amount of factory overheads charged during the period was:

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