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Hello can someone help me resolve this question please thanks The following cost data relate to the manufacturing activities of Black Company during the just-completed
Hello can someone help me resolve this question please thanks
The following cost data relate to the manufacturing activities of Black Company during the just-completed year: 11, 8ee 26, 250 56, lee 36, see 46, see Manufacturing overhead costs: Property taxes, factory Utilities, factory Indirect labour Depreciation, factory Insurance, factory Total actual manufacturing Other costs incurred: Purchases of raw materials. Direct labour cost Inventories : Raw materials, beginning Raw materials, ending Work in process, beginning Work in process, ending overhead costs 3, 9ee 6, 350 7, 8ee 9, 8ee 7, 9ee 7,350 9, see The company uses a predetermined overhead rate to apply overhead cost to production. The rate for the year was $5 per machine- hour; a total of 12,000 machine-hours were recorded for the year. All raw materials ultimately become direct materialsnone are classified as indirect materials. Required: 1. Compute the amount of underapplied or overapplied overhead cost for the year. Overapplied overhead cost Underapplied overhead cost
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