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APPLYING OVERHEAD Estimated overhead $ 1,000,000 Estimated machine hours 500,000 Actual overhead 980,000 Actual machine hours 495,000 Calculate the predetermined overhead rate Calculate the overhead

APPLYING OVERHEAD

Estimated overhead $ 1,000,000

Estimated machine hours 500,000

Actual overhead 980,000

Actual machine hours 495,000

Calculate the predetermined overhead rate

Calculate the overhead applied (or assigned)

Was the overhead over or under-assigned?

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