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Miladelphia Company manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirect-cost rate of $15 per direct labor-hour. The following data are
Miladelphia Company manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirect-cost rate of $15 per direct labor-hour. The following data are obtained from the accounting records for June 2010: Direct materials Direct labor (3,500 hours @ $11/hour) Indirect labor Plant facility rent Depreciation on plant machinery and equipment Sales commissions Administrative expenses $140,000 $ 38,500 $10,000 $ 30,000 $ 15,000 $ 20,000 $ 25,000 For June 2010, manufacturing overhead was: indeterminable underallocated overallocated neither overallocated nor underallocated
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