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2. Nevermore Co. uses job order costing. Before 2017 began, Nevermore estimated they would spend $1,000,000 on MOH costs for the year. During 2017, Nevermore
2. Nevermore Co. uses job order costing. Before 2017 began, Nevermore estimated they would spend $1,000,000 on MOH costs for the year. During 2017, Nevermore actually spent $992,000 on MOH costs and allocated MOH of $997,000 to its products. Did Nevermore Co have under or over allocated MOH for 2017 and how much? If Nevermore Co. decides to prorate its over or underallocated MOH, what account(s) would be used in the proration (other than the MOH accounts)? There is no partial credit- you need to be cxacdly right (using our common abreviationsis fine)
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