"Baldwin Printing Company uses a job order costing system and applies overhead based on machine hours. A total of 150,000 machine hours have been budgeted for the year. During the year, an order for 1,000 units was completed and incurred the following:" | |
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Direct material costs | $1,000 |
Direct labor costs | 1,500 |
Actual overhead | 1,980 |
Machine hours | 450 |