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Assume (1) a predetermined overhead rate of $8.00 per machine-hour, (2) actual machine-hours worked during...

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Accounting

Assume (1) a predetermined overhead rate of $8.00 per machine-hour, (2) actual machine-hours worked during the period of 54,000 hours, and (3) estimated machine-hours to be worked during the coming period of 55,000 hours. The amount of overhead applied to production during the period is closest to:

Multiple Choice

$445,000.

$435,000.

$440,000.

$432,000.

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