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16. 200 2.00 points MC Qu. 121 Minstrel Manufacturing uses a jo.. Minstrel Manufacturing uses a job order costing system. During one month Minstrel purchased
16. 200 2.00 points MC Qu. 121 Minstrel Manufacturing uses a jo.. Minstrel Manufacturing uses a job order costing system. During one month Minstrel purchased $197000 of terials on credit; Issued materials to production of $206,000 of which $19,000 were Indirect. Minstre incurred a factory payroll of $150,000, paid in cash, of which $29,000 was Indirect labor. Minstrel uses a predetermined overhead application rate of 150% of direct labor cost, if Minstrel incurred total overhead costs of $183,000 during the month, compute the amount of under-or overapplied overhead: $1,500 overapplied. O $42.000 overapplied. O $33,000 overapplied. $1,500 underapplied. O $33,000 underapplied References Multiple Choice MC Qu. 121 Minstrel Manufacturing uses a job
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