Question: Gibby Enterprises allocates overhead based on machine hours. The overhead allocation rate is $20.00 per machine hour. For jobs completed during the period, the following

Gibby Enterprises allocates overhead based on machine hours. The overhead allocation rate is $20.00 per machine hour. For jobs completed during the period, the following applies: Actual direct labor cost Actual machine hours $160,000 8,500 How much overhead would be allocated to jobs completed during the period? Do not include dollars signs or commas

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