Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its most recent year of operations. Estimated manufacturing overhead...

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Extracted text: Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its most recent year of operations. Estimated manufacturing overhead $157,300 Estimated machine-hours 4,550 $156,500 Actual manufacturing overhead Actual machine-hours 4,680 The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the vear for the purpose of computing the company's predetermined overhead rate for th The applied manufacturing overhead for the year is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $176,062 $156,499 $160,992 $161,788