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Sinclair Company manufactures a line of lightweight running shoes. CEO Andrew Sinclair estimated that the company would incur $3, 561, 670 in manufacturing overhead during
Sinclair Company manufactures a line of lightweight running shoes. CEO Andrew Sinclair estimated that the company would incur $3, 561, 670 in manufacturing overhead during the coming year. Sinclair Company uses direct labor hours as its manufacturing overhead application base, predetermined overhead rate is $16.57/DLH and when it uses machine hours as its manufacturing overhead application base, predetermined overhead rate is $6.97/MH. Additionally, he estimated the company would operate at a level requiring 214, 947 direct labor hours and 511,000 machine hours. At the end of the year, Sinclair Company had worked 204,000 direct labor hours, used 356,000 machine hours, and incurred $2, 519,000 in manufacturing overhead If Sinclair Company used direct labor hours as its manufacturing overhead application base, how much overhead was applied to jobs during the year? Overhead applied $ Using direct labor hours as the application base, was manufacturing overhead under- or overapplied for the year? By how much? Manufacturing overhead by $ If Sinclair Company used machine hours as its manufacturing overhead application base, how much overhead was applied to jobs during the year? Overhead applied $ Using machine hours as the application base, was manufacturing overhead under or overapplied for the year? By how much? Manufacturing overhead by $
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