Question
Applied vs. Actual Manufacturing Overhead Kubal inc. applies overhead based on machine hours. Kubal reports the following for the year just ended: Budgeted overhead for
Applied vs. Actual Manufacturing Overhead
Kubal inc. applies overhead based on machine hours. Kubal reports the following for the year just ended:
Budgeted overhead for the year $260,000
Budgeted machine hours 2,000
Actual overhead for the year $285,000
Actual machine hours 2,400
What is the amount of over- or under-applied overhead for the year?
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Auditing Electronics Data Processing Systems
Authors: WATNE
1st Edition
0130516163, 978-0130516169
