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Marvel Limited manufactures a variety of components for commercial applications. The firm utilizes job order costing with a predetermined overhead rate of $ 4 .

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Marvel Limited manufactures a variety of components for commercial applications. The firm utilizes job
order costing with a predetermined overhead rate of $4.50 per machine hour. During June 2020, Marvel
Limited Worked on the following jobs:
a) Calculate the amount of overhead to be allocated to each job for the month
b) Actual overhead for the month was $15,140. Indicate whether overhead was under or overallocated.
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