At the end of 20x9, Compumatics had compiled a total of 89,920 labor hours worked. The actual

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At the end of 20x9, Compumatics had compiled a total of 89,920 labor hours worked. The actual overhead incurred was $1,143,400.

1. Using the overhead rate computed in E14, determine the total amount of overhead applied to operations during 20x9.

2. Compute the amount of overapplied overhead for the year.

3. Will the Cost of Goods Sold account be increased or decreased to correct the over-application of overhead?

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Managerial Accounting

ISBN: 978-0618777181

8th Edition

Authors: Susan V. Crosson, Belverd E. Needles

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Question Posted: Feb 21, 2013 04:52 AM

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At the end of 20x9, Compumatics had compiled a total of 89,920 labor hours worked. The actual

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Managerial Accounting

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