Laflame 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 70,000Total fixed manufacturing overhead cost$357,000Variable manufacturing overhead per machine-hour$3.90 The estimated total manufacturing overhead is closest to:
A. $273,000
B. $357,000
C. $630,000
D. $357,004
Answer: C
Business
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