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Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine hours. At the beginning...

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Accounting

Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine hours. At the beginning of the year, the company estimated its total overhead cost to be $290,700 and machine hours to be 15,300. Actual manufacturing overhead and machine hours were $325,700 and 16,300, respectively.

Prepare the journal entries for overhead. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

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