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I got that it was a $21,000 debit. but is that overapplied or underapplied? Morris Company applies overhead based on direct labor costs. For the
I got that it was a $21,000 debit. but is that overapplied or underapplied?
Morris Company applies overhead based on direct labor costs. For the current year, Morris Company estimated total overhead costs to be $404,000, and direct labor costs to be $2,020,000. Actual overhead costs for the year totaled $383,000, and actual direct labor costs totaled $1,810,000. At year end, Factory Overhead is: Multiple Choice Overapplied by $21000 O Overapplied by $19,500 Under applied by $21000 Overapplied by $12.000 Neither overapplied nor underapplied Step by Step Solution
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