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Please help me with this question, Thank you. Z 01 01 AB D E F G JK Di Antonio Corporation uses a predetermined overhead rate
Please help me with this question, Thank you.
Z 01 01 AB D E F G JK Di Antonio Corporation uses a predetermined overhead rate of $46.20 per direct labour-hour. This predetermined rate was based on 24,000 estimated direct labour-hours and $554,400 of estimated total manufacturing overhead. 7 8 The company incurred actual total manufacturing overhead costs of $592,000 and 25,200 total direct labour-hours during the period. Required: 1. Determine the amount of manufacturing overhead applied to units of product during the period as well as the amount of over- or underapplied overhead for the period. Predetermined overhead rate 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Overhead applied Under- or overapplied overhead 29 2. Prepare the journal entry to dispose of over- or underapplied overhead. 30 31 32 33 34 35 36 37 General Journal Debit CreditStep by Step Solution
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