Jackson Company had the following information for the year:
Jackson Company used a predetermined overhead rate using estimated overhead of $320,000 and 8,000 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods balance of $19,000. How much overhead was applied during the year?
A) $245,000
B) $343,000
C) $360,000
D) $320,000
Correct Answer:
Verified
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