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A review of the accounting records for the year just ended revealed the following: Predetermined overhead allocation rate $7.00 Underapplied manufacturing overhead $2,700 Actual manufacturing
A review of the accounting records for the year just ended revealed the following:
Predetermined overhead allocation rate | $7.00 |
Underapplied manufacturing overhead | $2,700 |
Actual manufacturing overhead | $347,100 |
Budgeted labor hours | 51,000 |
The actual labor hours worked were
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