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Ashland Corporation estimates its manufacturing overhead costs to be 360,000 and its direct labor costs to be400,000 for 2020. The actual manufacturing labor costs were 120,000 for job 1,180,000 for job 2 and 200,000 for job 3 during 2020. Manufacturing overhead is applied to jobs on the basis of direct labor costs using a predetermined overhead rate. The actual manufacturing overhead cost for the year was212,000. The amount of overhead assigned to Job 3 during 2020 was:
Ashland Corporation estimates its manufacturing overhead costs to …
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