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Question 6 (Chapter 5): Brookcette expected their overhead expenses to total $900 with 125 direct labour hours. At the end of 2019, Brookcette incurred $1325
Question 6 (Chapter 5): Brookcette expected their overhead expenses to total $900 with 125 direct labour hours. At the end of 2019, Brookcette incurred $1325 in overhead expenses with 145 direct labour hours.
- Using direct labour hours as an allocation base, calculate Brookcettes predetermined manufacturing overhead rate for 2019
- Using direct labour hours as an allocation base, calculate Brookcettes actual manufacturing overhead rate for 2019.
- Compare the predetermined overhead rate and actual overhead rate for 2019. Did Brookcette overallocate or underallocate manufacturing overhead?
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