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is a manufciurer that sses joboercosting. The cempany ckoses out any er uaderapplicd eworhed to Cof Goods Sold a the end of the year. The
is a manufciurer that sses joboercosting. The cempany ckoses out any er uaderapplicd eworhed to Cof Goods Sold a the end of the year. The company Ius sapplial the folowing data for the just completed yea Estineted total mazufactiuring oveitead at the begaaing ofthe year $638,730 Estimatod direct labor-hours at the beginnine of the yoar 35,00 direcl labor hous Results of operations Aenual dinet labor hours 40,000 boe-hoars Manufecturing overbead Indirect labor cost $166,000 $595,000 $1,570,000 Other msmufocturing overhead costs incurred Cost of goods sold (adjutod) Requirod: Compute the predetanmined overhead rate. b.What is the total amount of manufacturing overbead applied to peodocetion during the year? c. Is manufacturing overhesd overspplied or underapplied for the year? By bow much? d. What is adjusted Cost of goods sold
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