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Check my work 3 Part 3 of 5 points Required information [The following information applies to the questions displayed below.] Midnight Sun Apparel Company
Check my work 3 Part 3 of 5 points Required information [The following information applies to the questions displayed below.] Midnight Sun Apparel Company uses normal costing, and manufacturing overhead is applied to work-in-process on the basis of machine hours. On January 1 of the current year, there were no balances in work-in-process or finished-goods inventories. The following estimates were included in the current year's budget. Total budgeted manufacturing overhead $ 235,000 Total budgeted machine hours 47,000 eBook Print During January, the firm began the following production jobs: A79: 1,000 machine hours N08: 2,500 machine hours P82: 500 machine hours During January, job numbers A79 and N08 were completed, and job number A79 was sold. The actual manufacturing overhead incurred during January was $26,000. 3. Calculate the overapplied or underapplied overhead for January. Underapplied overhead $ 6,000
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