Sunny Company manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirect cost...
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Sunny Company manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirect cost allocation rate of $15 per direct labour hour. The following data are obtained from the accounting records for June in the current year: Direct materials Direct labour (7,000 hours @$11/hour) Indirect labour Plant facility rent Depreciation on plant machinery and equipment Sales commissions Administrative expenses For June, manufacturing overhead was $200,000 $77,000 $20,000 $60,000 $30,000 $40,000 $50,000 OA. underallocated by $33,000. OB. underallocated by $5,000. OC. overallocated by $5,000. OD. overallocated by $90,000. E. neither underallocated or overallocated ETTE Sunny Company manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirect cost allocation rate of $15 per direct labour hour. The following data are obtained from the accounting records for June in the current year: Direct materials Direct labour (7,000 hours @$11/hour) Indirect labour Plant facility rent Depreciation on plant machinery and equipment Sales commissions Administrative expenses For June, manufacturing overhead was $200,000 $77,000 $20,000 $60,000 $30,000 $40,000 $50,000 OA. underallocated by $33,000. OB. underallocated by $5,000. OC. overallocated by $5,000. OD. overallocated by $90,000. E. neither underallocated or overallocated ETTE
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