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Business, 18.03.2021 01:40 lalllda

Silver Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 22,100 hours. At the end of the year, actual direct labor-hours for the year were 20,900 hours, the actual manufacturing overhead for the year was $529,720, and manufacturing overhead for the year was underapplied by $23,940. The estimated manufacturing overhead at the beginning of the year used in the predetermined overhead rate must have been:

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