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Question 2 Below is information from Leona Singh manufacturer who uses a job costing system that applies manufacturing overhead on the basis lot yet of

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Question 2 Below is information from Leona Singh manufacturer who uses a job costing system that applies manufacturing overhead on the basis lot yet of direct labour hours: nswered Budgeted total manufacturing overhead $568,000 arked out of Budgeted total direct labour hours 71,000 Flag At the end of the year, the company shows these results: estion Actual manufacturing overhead $582,000 Actual direct labour hours 71,500 Required: 1. Calculate the predetermined (budgeted) manufacturing overhead 2. calculate the amount of overapplied or underapplied overhead. Paragraph B

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