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please help me with part c X compary uses fob-order cmsting. It apples ovehad cost to jobs on the basis of dired labor cost. For
please help me with part c
X compary uses fob-order cmsting. It apples ovehad cost to jobs on the basis of dired labor cost. For the currert year, the company extmates that it will inar $25,000 in drect labor cost and $550,000 of mandacturiog overhead. During the year, $30,000 of direct labor costs wese incurred. Actual oventiead cots incumed were: Required: a) Compute the concany's predetermined overhead rate b) Compute the anourt of over or underappled overhend. c) Prepare the necenory joumal entry to doen the over of underappied orethesd X compary uses fob-order cmsting. It apples ovehad cost to jobs on the basis of dired labor cost. For the currert year, the company extmates that it will inar $25,000 in drect labor cost and $550,000 of mandacturiog overhead. During the year, $30,000 of direct labor costs wese incurred. Actual oventiead cots incumed were: Required: a) Compute the concany's predetermined overhead rate b) Compute the anourt of over or underappled overhend. c) Prepare the necenory joumal entry to doen the over of underappied orethesd Step by Step Solution
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