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Putnam Manufacturers Inc. has estimated total factory overhead costs of $95,463 and 10,607 direct labor...

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Accounting

Putnam Manufacturers Inc. has estimated total factory overhead costs of $95,463 and 10,607 direct labor hours for the current fiscal year. If the Factory Overhead estimate is based on the number of direct labor hours, and Job #117 incurred 4,337 direct labor hours, how much Factory Overhead will be applied to Work in Process?

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