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ABC Company estimates total overhead costs to be $1,200,000 and will apply overhead to units...

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Accounting

ABC Company estimates total overhead costs to be $1,200,000 and will apply overhead to units produced based on 200,000 estimated machine hours. During the year ABC Company incurred actual overhead costs of $1,250,000 and achieved 250,000 machine hours. ABC Company's predetermined overhead rate is:

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