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Garcia Company applies manufacturing overhead tojobs at a rate of $8.00 per direct labor hour. The following estimated and actual information is available. Estimated Actual
Garcia Company applies manufacturing overhead tojobs at a rate of $8.00 per direct labor hour. The following estimated and actual information is available. Estimated Actual Total manufacturing overhead $96000 $90,000 Total direct labor hours 12.000 11.000 1. Calculate the over- or underapplied overhead. 2. Will the adjustment for over- or underapplied overhead increase or decrease Cost of Goods Sold
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