Question: 20. In preparing the current budget, the controller estimated a total of $750,000 in manufacturing overhead costs and 7,500 machine hours for the coming year.
20. In preparing the current budget, the controller estimated a total of $750,000 in manufacturing overhead costs and 7,500 machine hours for the coming year. In December, the accounting reports show actual manufacturing overhead incurred of $780,000 with 7,700 machine hours used during the year. If the company applies overhead based on machine hours, how much manufacturing overhead did the company apply during the year
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