Lynn corporation applies manufacturing overhead to jobs on, Financial Accounting

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Lynn corporation applies manufacturing overhead to jobs on

Lynn Corporation applies manufacturing overhead to jobs on the basis of direct labor hours used. Lynn estimated 720,000 labor hours’ usage and $900,000 of manufacturing overhead cost for the year. For the job currently under consideration, Lynn estimates that 150,000 labor hours will be used and incurred $171,000 of manufacturing overhead cost. What was Lynn's applied overhead for the current job?

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Financial Accounting: Lynn corporation applies manufacturing overhead to jobs on

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Financial Accounting: Lynn corporation applies manufacturing overhead to jobs on

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