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Required information [The following information applies to the questions displayed below] The following data pertain to the Oneida Restaurant Supply Company for the year just
Required information [The following information applies to the questions displayed below] The following data pertain to the Oneida Restaurant Supply Company for the year just ended. Budgeted sales revenue Actual manufacturing overhead Budgeted machine hours (based on practical capacity) Budgeted direct-labor hours (based on Budgeted direct-labor rate Budgeted manufacturing overhead Actual machine hours $205,000 338,000 8,000 practical capacity) 20,000 13 $364,000 11,000 18,000 Actual direct-labor hours Actual direct-labor rate S 17 . Calculate the overapplied or underapplied overhead for the year using each of the following cost drivers. (Round intermediate -alculation to 2 decimal places.) Cost Drivers Amount (a) Machine hours (b) Direct-labor hours Underapplied overhead Overapplied overhead (c) Direct-labor dollars Overapplied overhead co
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