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Krier Corporation Uses a Predetermined Overhead Rate That Was Based

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Krier Corporation uses a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $738,000 and 30,000 direct labor-hours for the period. The company incurred actual total fixed manufacturing overhead of $792,000 and 31,500 total direct labor-hours during the period.The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to: (Round your intermediate calculations to 2 decimal places.)


Definitions:

Personal Safety

Measures and practices implemented by an individual to ensure their own protection and well-being in daily activities.

Physiological Needs

Basic human necessities for survival and well-being, including food, water, shelter, and sleep, as described in Maslow's hierarchy of needs.

Allport

Gordon Allport, a psychologist known for his theory on personality traits and their influence on behavior.

Humanistic Theorists

Psychologists who focus on the study of the whole person and believe that individuals are motivated by free will and a desire for personal growth.

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