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Et Question 4 0/1 pts Do not use dollar signs in your answers. It overhead is over applied, put a minus sign in front.
Et Question 4 0/1 pts Do not use dollar signs in your answers. It overhead is over applied, put a minus sign in front. Your Company employs a job-order costing system. The company uses predetermined overhead rates in applying manufacturing overhead cost to individual jobs. The current predetermined overhead rate (POR) is $11.25 per direct labor hour (DLH). At the end of the year, the records of Your Company revealed the following cost and operating data for all jobs worked on during the year: Machine-hours................ 225,000 Direct labor-hours............. 81,000 Direct labor cost.......... $500,000 Estimated manufacturing overhead cost $900,000 Actual manufacturing overhead cost $920,000 How much overhead was underapplied or overapplied at the end of the year? -8,750.
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