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ed: Predetermined Overhead Rate; Various Cost DD Check my work mode: This shows what is correct or incorrect for the work you hal ! Required
ed: Predetermined Overhead Rate; Various Cost DD Check my work mode: This shows what is correct or incorrect for the work you hal ! Required information [The following information applies to the questions displayed below.] 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 $210,000 336,000 8,000 20,000 $ 13 $364,000 11,000 18,000 $ 16 2. Calculate the overapplied or underapplied overhead for the year using each of the following cost drivers. (RC calculation to 2 decimal places.) & Answer is not complete. (a) Cost Drivers Machine hours Direct-labor hours Direct-abor dollars Amount Overapplied overheads 483,000 (b) (c)
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