Crab Company uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the
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Crab Company uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 17,900 hours and the total estimated manufacturing overhead was $341,890. At the end of the year, actual direct labor-hours for the year were 16,700 hours and the actual manufacturing overhead for the year was $336,890. Overhead at the end of the year was:
- $22,920 underapplied
- $17,920 overapplied
- $17,920 underapplied
- $22,920 overapplied
Related Book For
Fundamental Accounting Principles
ISBN: 978-0077862275
22nd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
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