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Carver Test Systems Manufactures Automated Testing Equipment

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Carver Test Systems manufactures automated testing equipment.The company uses a job-order costing system and applies overhead on the basis of machine-hours.At the beginning of the year,estimated manufacturing overhead was $1,960,000 and the estimated machine-hours was 98,000.Data regarding several jobs at Carver are presented below.

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By the end of the first month (January...

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