Antoine Machining estimated its manufacturing overhead to be $298,840 and its direct materials costs to...
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Accounting
Antoine Machining estimated its manufacturing overhead to be $ and its direct materials costs to be $ in Year Three of the jobs that Antoine Machining worked on in Year had actual direct materials costs of $ for Job AM $ for Job AMO and $ for Job AM For Year actual manufacturing overhead was $ and total direct materials cost was $ Manufacturing overhead is applied to jobs on the basis of direct materials costs using predetermined rates.
Overhead applied in ech of the inventory accounts is as follows:
tableWorkinprocess inventory,$
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