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Cobalt Corp. has a Predetermined Overhead Application Rate of $4.50 per direct labor dollar incurred....

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Accounting

Cobalt Corp. has a Predetermined Overhead Application Rate of $4.50 per direct labor dollar incurred. Estimated Manufacturing Overhead Cost is $545. If the actual number of hours worked is 10 and the wage rate is $15, what is the Manufacturing Overhead Cost applied to jobs this period?

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$150

$545

$67.50

$450

$675

Answer & Explanation Solved by verified expert
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