Question
Test Company reported the following amounts. Estimated overhead $150,000 Applied overhead $145,000 Actual overhead $160,000 Determine the overhead variance. $10,000 underapplied $5,000 overapplied $15,000 underapplied
Test Company reported the following amounts.
| Estimated overhead | $150,000 |
| Applied overhead | $145,000 |
| Actual overhead | $160,000 |
Determine the overhead variance.
| $10,000 underapplied | ||
| $5,000 overapplied | ||
| $15,000 underapplied | ||
| $15,000 overapplied |
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Managerial Accounting
Authors: Susan V. Crosson, Belverd E. Needles
10th edition
1133940595, 978-1133940593
