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Targeting Inc, a marketing company, uses direct professional labor hours to apply overhead to client...

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Accounting

Targeting Inc, a marketing company, uses direct professional labor hours to apply overhead to client projects. The estimated overhead for the year was $300,000 and estimated direct professional labor hours amounted to 15,000 hours at a cost of $450,000. The total actual overhead at year end was $292,000; actual direct professional labor hours were 14,500 at an actual cost of $444,000. The resulting overhead was:

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