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mpt.php?attempt=1109793&cmid=381739 The plant of Omer company uses Job order costing system. And allocates manufacturing overhead cost using a budgeted rate of $7 per one machine
mpt.php?attempt=1109793&cmid=381739 The plant of Omer company uses Job order costing system. And allocates manufacturing overhead cost using a budgeted rate of $7 per one machine hour, if the 2020 budgeted overhead cost $350,000. Calculate the over/under allocated overhead assuming 45,000 machine hours used and $295,000 actual overhead expensed during 2020 a. $20,000 under allocated b. $25,000 over allocated $20,000 over allocated
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