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The Holland Company uses a predetermined overhead rate of $12 per direct labor hour to apply overhead. During the year, 30,000 direct labor hours were
| The Holland Company uses a predetermined overhead rate of $12 per direct labor hour to apply overhead. | ||||||
| During the year, 30,000 direct labor hours were worked. Actual overhead costs for the year were | ||||||
| $320,000. The overhead variance is | ||||||
| A. | $36,000 overapplied. | |||||
| B. | $35,560 underapplied. | |||||
| C. | $40,000 underapplied. | |||||
| D. | none of the above. | |||||
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The Auditor Quo Vadis
Authors: Mervyn King, Linda De Beer
1st Edition
1138496774, 978-1138496774
