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the lucy Corp, makes special equipment for auto shops. The estimated total manufacturing overhead is $3,000,000 and the activity level used to determine POHR is
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the lucy Corp, makes special equipment for auto shops. The estimated total manufacturing overhead is $3,000,000 and the activity level used to determine POHR is estimated labor cost which is $250,000.
Actual labor cost was $300,000
Actual MOH = $300,000
Is MOH overapplied or underapplied? By how much? Please show your work so I can understand.
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