Avian Co. uses a predetermined factory overhead rate based on direct labor-hours. For the month of October,

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Avian Co. uses a predetermined factory overhead rate based on direct labor-hours.

For the month of October, Avian's budgeted overhead was $300,000 based on a budgeted volume of 100,000 direct labor-hours. Actual overhead amounted to

$325,000 with actual direct labor-hours totaling 1 10,000.

How much was overhead overapplied or underapplied?

(1) $30,000 overapplied.

(2) $30,000 underapplied.

(3) $5,000 overapplied.

(4) $5,000 underapplied.

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Cost Accounting

ISBN: 9780256257113

4th Edition

Authors: Michael W. Maher, Edward B. Deakin

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Question Posted: Jul 01, 2024 02:10 AM

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Avian Co. uses a predetermined factory overhead rate based on direct labor-hours. For the month of October,

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Cost Accounting

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