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Help Sloan Company applies manufacturing overhead to products based on direct labor hours. At the beginning of the year, the company estimated total manufacturing overhead
Help Sloan Company applies manufacturing overhead to products based on direct labor hours. At the beginning of the year, the company estimated total manufacturing overhead cost at $404,550 and total direct labor hours of 52,200. At the end of the year, the company has actually incurred $420,280 of manufacturing overhead and 53,200 of direct labor hours. (a) Compute the predetermined overhead rate. (Round your answer to 2 decimal places.) Pradeleninden fare per hour 3 (b) Compute applied manufacturing overhead to production Marung And (e) is manufacturing overhead overapplied or underapplied? By how much? input the amount as positive value) Help (b) Compute applied manufacturing overhead to production Manufacturing Overhead Applied (c) Is manufacturing overhead overapplied or underapplied? By how much? (Input the amount as positive value.) Overhead (d) What account should be adjusted for the overapplied or underapplied overhead? Should the balance be increased or decreased
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