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Tombert Decorating job order coststem to collect the costs of its interior decorating business. Each client's consultation treated as a separate job. Overhead is
Tombert Decorating job order coststem to collect the costs of its interior decorating business. Each client's consultation treated as a separate job. Overhead is applied to each job based on the number of decorator hours incurred Listed below are data for the current year Extimated overhead $1,040,000 Actual overhead $1,068,800 Estimated decorator hours 40,000 40,800 Actual decorator hours The company use the account Operating Overhead in place of Manufacturing Overhead and the account Service Contractin Process in place of Work in Process. Compute the predetermined overhead rate Predetermined overhead rate Textbook and Media List of Accounts per decorator hour Assistance Used Prepare the entry to apply the overhead for the year. (Credit accounts are automatically Indented when amount entered. Do not Indenta Account Titles and Explanation Debit Credit Textbook and Media List of Accounts Determine whether the overhead was under-or over applied and by how much Overhead $ Textbook and Media List of Accounts
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