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10 Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $198.000 of raw materials on credit: issued materials to production of

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10 Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $198.000 of raw materials on credit: issued materials to production of $195,000 of which $30,000 were indirect. Minstrel incurred a factory payroll of $150,000, of which $40,000 was indirect labor. Minstrel uses a predetermined overhead application rate of 150% of direct labor cost. If Minstrel incurred total overhead costs of $167,800 during the month, compute the amount of under-or overapplied overhead: nts awarded Scored Multiple Choice 0 $57,200 overapplied. $2,800 overapplied O $17,800 underapplied O $17,800 overapplied O $2,800 underapplied

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