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QUESTION 29 Wass Company uses a predetermined overhead rate based on direct labor hours to apply manufacturing overhead to jobs. Last year, the company's estimated

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QUESTION 29 Wass Company uses a predetermined overhead rate based on direct labor hours to apply manufacturing overhead to jobs. Last year, the company's estimated manufacturing overhead was $600,000 and its estimated direct labor-hours was 50,000. The company's direct labor wage rate is $10 per hour. Actual manufacturing overhead amounted to $640,000, with actual direct labor hours of 55,000 Determine by how much the company's manufacturing overhead was overapplied or underapplied. O Manufacturing overhead was $20,000 underapplied. Manufacturing overhead was 550,000 overapplied, O Manufacturing overhead was $20,000 overapplied. Manufacturing overhead was $574,000 underapplied. QUESTION 30 Click Save and Submit to save and submit. Click Save All Ansters to one all ansters Save 2

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