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Save & Exit Submit 2 On January 1, IXQEAH162 Corp. estimated its total overhead for the upcoming year to be $300,000 and its total machine
Save & Exit Submit 2 On January 1, IXQEAH162 Corp. estimated its total overhead for the upcoming year to be $300,000 and its total machine hours to be 15,000. IXOEAH162's actual machine hours for the year were 25,613. The company uses job-order costing with machine hours as the allocation base At the end of the year, the IXOEAH162's books reveal following actual results: 01:26:39 (ID#27835) Advertising Expense $5,700 Direct Labor $85,200 Purchases of Raw Materials $42,800 Rent, Factory Building $85,100 Indirect Labor $67,700 Sales Commissions $7,600 Utilities, Factory $18.500 Maintenance, Factory Equipment $15,600 CEO Salary $9.400 Depreciation, Factory Equipment $16,000 (Baruch College Exam) Q. What is IXQEAH162's amount of over- or under-applied OH? (Enter just the amount.) 2 of 15 Next > Mc
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