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For 2023, Tomtom Manufacturing uses machine‐hours as the only overhead cost‐all...
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For 2023, Tomtom Manufacturing uses machine‐hours as the only overhead cost‐allocation base. The estimated manufacturing overhead costs are $300,000 and estimated machine hours are 50,000. The actual manufacturing overhead costs are $420,000 and actual machine hours are 60,000
QUESTION36. What is the difference between the budgeted and the actual manufacturing overhead using job costing?
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