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A company has the following information relating to its production costs: A chart of information including: Machine hours Indirect labor 4 5 , 0 0
A company has the following information relating to its production costs:
A chart of information including: Machine hours
Indirect labor
Plant maintenance
Plant supervision
Plant depreciation
Plant utilities
Indirect material
Compute the actual and applied overhead using the company
s predetermined overhead rate of $
per machine hour. Was the overhead overapplied or underapplied, and by how much?
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