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Question 9 When overhead is over applied Work in process inventory is understated Finished goods inventory is understated Cost of goods sold is overstated Cost

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Question 9 When overhead is over applied Work in process inventory is understated Finished goods inventory is understated Cost of goods sold is overstated Cost of goods sold is understated Question 10 3.33 pts Sitwell Corporation manufactures titanium and aluminum tennis racquets. Sitwell's total overhead costs consist of assembly costs and inspection costs. The following information is available: Cost Titanium Aluminum Total Cost Assembly 500 mach. hours 500 mach. hours $45,000 Inspections 150 350 $75,000 Sitwell is considering switching from one overhead rate based on labor hours to activity-based costing. Using activity-based costing, how much Inspections cost is assigned to Titanium racquets? $37,500 $45,000. $52,500. $22,500

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