1. Nil Co. uses a predetermined overhead rate of $3.00 per machine hour to apply production overhead to jobs based on an estimated production overhead of $900,000 and estimated machine hours of 300,000 hours.
2.  Actual production load totaled $890,000 with 290,000 actual machine hours. 
3. 
   
4. What was the manufacturing overhead for the year?

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To calculate the manufacturing overhead for the year we need to compare the estimated pr... View the full answer