A Corporation has two production departments. Machining and Customizing. The company...
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Accounting
A Corporation has two production departments. Machining and Customizing. The company uses a job-order costing system and compuifes a predetermined ovethead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the cornpary had mede the following estimates: Duing the current month the company stanted and finished a Job. The following clata were recorded for this job: The amount of overtiead applied in the Customizing Depantment to the Job is closest to: (Round your intermediate calculations to 2 decimal places.)
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