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1 points Save Answer instrel Manufacturing uses a job order costing system. During one month Minstrel purchased $198,000 of raw materials on credit; issued materials
1 points Save Answer instrel Manufacturing uses a job order costing system. During one month Minstrel purchased $198,000 of raw materials on credit; issued materials to production $195,000 of which $30,000 were indirect. Minstrel incurred a factory payroll of $150,000, paid in cash, of which $40,000 was indirect labor. Minstrel uses a edetermined overhead application rate of 150% of direct labor cost if Minstrel incurred total overhead costs of $167,800 during the month, compute the amount under-or overapplied overhead: $2,800 overapplied. $17,800 underapplied $2,800 underapplied $17,800 overapplied $57,200 overapplied
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