Dejarnette Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 80,000Total fixed manufacturing overhead cost$416,000Variable manufacturing overhead per machine-hour$3.10The estimated total manufacturing overhead is closest to:
A. $248,000
B. $664,000
C. $416,000
D. $416,003
Answer: B
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