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please do both parts A and B! Complete this question by entering your answers in the tabs below. How much overhead was assigned to each
please do both parts A and B!
Complete this question by entering your answers in the tabs below. How much overhead was assigned to each of the three jobs, AM002, AM005, and AM008? Antoine Machining estimated its manufacturing overhead to be $294,450 and its direct materials costs to be $453,000 in Year 1.7 of the jobs that Antoine Machining worked on in Year 1 had actual direct materials costs of $18,000 for Job AM002, $58,000 for J AM005, and $73,000 for Job AM008. For Year 1 , actual manufacturing overhead was $314,500 and total direct materials cost was $543,000. Manufacturing overhead is applied to jobs on the basis of direct materials costs using predetermined rates. Pequired: a. How much overhead was assigned to each of the three jobs, AM002, AM005, and AM008? b. What was the over-or underapplied manufacturing overhead for Year 1? Complete this question by entering your answers in the tabs below. What was the over- or underapplied manufacturing overhead for Year 1Step by Step Solution
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