Question
A company expected its annual overhead costs to be $787500 and machine hours to equal 105000 hours. Actual overhead was $750000, and actual machine hours
A company expected its annual overhead costs to be $787500 and machine hours to equal 105000 hours. Actual overhead was $750000, and actual machine hours totalled 96000 hours. How much overhead was over or underapplied?
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| $30000 underapplied |
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| $67500 underapplied |
|
| $70000 over-applied |
|
| $37200 underapplied |
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Acct 2302 Managerial Accounting
Authors: Fred Phillips Stacey Whitecotton, Robert Libby
1st Edition
1259135624, 978-1259135620
