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Business, 24.09.2020 14:01 de5briz75

Middlesex manufacturing uses a predetermined overhead rate based on direct labor cost to apply manufacturing overhead to jobs. Last year, the company's estimated manufacturing overhead was $1,200,000 and its estimated level of activity was 50,000 direct labor-hours. The company's direct labor wage rate is $12 per hour. Actual manufacturing overhead amounted to $1,340,000, with actual direct labor cost of $650,000. For the year, manufacturing overhead was:

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