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How much will they need to borrow at anytime during the quarter (either month 1,2, or 3) in order to maintain that balance?
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Screen Shot 2021-02-23 at 8.43.57 PM.pngJob 105M-T had direct material costs of $4,060 and a total manufacturing cost of $21,520. Manufacturing overhead is applied at the rate of 76% of the prime cost. How much manufacturing overhead was applied?