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could use some help please The following data pertain to the Oneida Restaurant Supply Company for the year just ended. Budgeted sales revenue Actual manufacturing
could use some help please
The following data pertain to the Oneida Restaurant Supply Company for the year just ended. Budgeted sales revenue Actual manufacturing overhead Budgeted machine hours (based on practical capacity) Budgeted direct-labor hours (based on practical capacity) Budgeted direct labor rate Budgeted manufacturing overhead Actual machine hours Actual direct labor hours Actual direct-labor rate $ 205,000 340,000 10,000 20,000 $ 14 S 364,000 11,000 18,000 $ 15 2. Calculate the overapplied or underapplied overhead for the year using each of the following cost drivers. (Round calculation to 2 decimal places.) Cost Drivers Amount (a) Machine hours (b) Direct-labor hours (0) Direct-labor dollars Overapplied overhead Underapplied overhead Overapplied overhead Step by Step Solution
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