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Cullumber Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $1,512,000 for the year, and
Cullumber Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $1,512,000 for the year, and machine usage is estimated at 200,000 hours. In January, $156,240 of overhead costs are incurred and 22,000 machine hours are used. For the remainder of the year, $1,629,600 of additional overhead costs are incurred and 214,000 additional machine hours are worked. Your answer is correct. Compute the predetermined manufacturing overhead rate for the year. (Round answer to 2 decimal ploces, eg. 52.75.) Predetermined manufacturing overhead rate $ per machine hour eTextbook and Media Attempts: 1 of 6 used (b) Your answer is correct. What is the amount of over-or underapplied overhead at January 31 ? overhead \$ (c) What is the amount of over-or underapplied overhead at December 31 ? overhead $ eTextbook and Media
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