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At the beginning of the year, Baker Company estimates annual overhead costs to be $1,050,000...

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Accounting

At the beginning of the year, Baker Company estimates annual overhead costs to be $1,050,000 and that 200,000 machine hours will be operated. Using machine hours as a base, the amount of overhead applied during the year if actual machine hours for the year was 205,000 hours is: (How do you work it out?)

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