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Question: bayest manufacturing corporation uses a predetermined overhead rate based on...

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Bayest Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last year, the Corporation worked 60,000 actual direct labor-hours and incurred $512,000 of actual manufacturing overhead cost. The Corporation had estimated that it would work 61,600 direct labor-hours during the year and incur $437,360 of manufacturing overhead cost. The Corporation's manufacturing overhead cost for the year was:

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