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(c) Compute the under- or overapplied overhead for each department at January 31. Manufacturing Overhead Department D Department E $ Department Ks By accessing this
(c) Compute the under- or overapplied overhead for each department at January 31. Manufacturing Overhead Department D Department E $ Department Ks By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER Question 5 Agassi Company uses a job order cost system in each of its three manufacturing departments. Manufacturing overhead is applied to jobs on the basis of direct labor cost in Department D, direct labor hours in Department E, and machine hours in Department K. In establishing the predetermined overhead rates for 2020, the following estimates were made for the year. Department K Manufacturing overhead Direct labor costs Direct labor hours Machine hours $1,170,000 $1,462,500 100,000 400,000 $1,625,000 $1,250,000 125,000 500,000 $720,000 $450,000 40,000 120,000 During January, the job cost sheets showed the following costs and production data. Department D E Direct materials used Direct labor costs Manufacturing overhead incurred Direct labor hours Machine hours $140,000 $120,000 $99,000 8,000 34,000 $126,000 $110,000 $124,000 11,000 45,000 $78,000 $37,500 $79,000 3,500 10,430
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