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Use the following estimates to compute a predetermined overhead rate: Use only the items required for overhead Utilities $24,000 Supervision Cost 9,000 Factory Maintenance 6,000
Use the following estimates to compute a predetermined overhead rate: Use only the items required for overhead Utilities $24,000 Supervision Cost 9,000 Factory Maintenance 6,000 Direct Labor 19,000 Factory Insurance 5,000 Show your work! Expected machine hours next month will be 5,300 hours. A. (4 points) Calculate predetermined overhead rate. B. (2 points) If actual machine hours is 5,100 hours how much manufacturing overhead is to be applied. C. (2 points) If actual overhead is $46,000 is overhead underapplied or overapplied, and by how much
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