2,500 machine hours were used by all jobs. Actual manufacturing overhead costs for all jobs were 75,000.

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2,500 machine hours were used by all jobs. Actual manufacturing overhead costs for all jobs were 75,000. For Job 100, the normal (budgeted) total cost is 75 , 000 75,000andthe actual cost is 80,000. Is the overhead over or under allocated?

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Management Accounting

ISBN: 9781760421144

7th Edition

Authors: Kim Langfield Smith, Helen Thorne, David Alan Smith, Ronald W. Hilton

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Posted Date: Mar 26, 2024 08:43 AM

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2,500 machine hours were used by all jobs. Actual manufacturing overhead costs for all jobs were 75,000.

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To determine if the overhead is over or under allocated we need to compare the actual manufactu... View the full answer

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