The following information is provided by Sutton Corporation for the year: Actual overhead...

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Accounting

The following information is provided by Sutton Corporation for the year:
Actual overhead $450,000
Actual machine hours worked 25,000
Budgeted machine hours 27,500
Applied overhead $487,500
If normal costing is used (based on machine hours), budgeted overhead used to calculate the predetermined rate would be

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