Question: Shoes Wisely, Inc. allocates overhead using machine hours as the allocation base. The following information was estimated at the beginning of the year. Actual overhead
Shoes Wisely, Inc. allocates overhead using machine hours as the allocation base. The following information was estimated at the beginning of the year. Actual overhead totaled $72,000. During the year, the company produced 8,500 units of product using 14,000 machine hours and 60,00 direct labor hours. How much manufacturing overhead was allcoated to the product during the year? Round your answer to whole dollars
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