Question: Baker Corporation allocates manufacturing overhead costs based on direct labor hours. At the beginning of the most recent year, the company based its default overhead

Baker Corporation allocates manufacturing overhead costs based on direct labor hours. At the beginning of the most recent year, the company based its default overhead rate on an estimated total cost of $81,500 and an estimated 2,500 direct labor hours. Actual manufacturing overhead costs for the year were $83,650, and actual direct labor hours were 2,400.

Calculate the Overhead expenses for the year.

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