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Ikerd company applies manufacturing overhead to jobs on the basis of
Ikerd company applies manufacturing overhead to jobs on the basis of.
Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $300,000 for the year, and machine usage is estimated at 125,000 hours.
For the year, $322,000 of overhead costs are incurred and 130,000 hours are used.
Ikerd company applies manufacturing overhead to jobs on the basis of