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Graham Manufacturing is a small manufacturer that uses machine-hours as its activity base for assigned overhead costs to jobs. The company estimated the following amounts
Graham Manufacturing is a small manufacturer that uses machine-hours as its activity base for assigned overhead costs to jobs. The company estimated the following amounts for 2017 for the company and for Job 62: Compute the predetermined overhead rate. (Round answer to 2 decimal places, e.g. 52.75.) Predetermined overhead rate per machine hour Compute the total manufacturing costs for Job 62. Total manufacturing costs How much overhead is over or underapplied for the year for the company? State amount and whether it is over-or underapplied. Overhead If Graham Manufacturing sells Job 62 for exist14,000, compute the gross profit. Gross profit
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