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please as soon as possible Required information Sai Company uses a job order cost system and applies manufacturing overhead costs to jobs using a predetermined
please as soon as possible
Required information Sai Company uses a job order cost system and applies manufacturing overhead costs to jobs using a predetermined overhead rate based on direct labour-hours. The following data were extracted from the company's accounting records for Year 6 Estimated $60,000 Actual $66,000 Manufacturing overhead costs Direct labour hours 20,000 hours 26,500 hours Job #461 was completed during the year and the following costs had been incurred on that job: Direct materials: Direct labour: $5,000 $1,500 (at $5.00 per direct labour hour) How much of any underapplied or overapplied overhead would have been due to the fact that the estimated overhead allocation base was different from the actual? How much of any underapplied or overapplied overhead would have been due to the fact that the estimated overhead allocation base was different from the actual? Multiple Choice $6,000 $4,000 $14,000Step by Step Solution
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