Bear Company uses a predetermined overhead rate of $10.00 per direct labour-hour. This predetermined rate was...
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Bear Company uses a predetermined overhead rate of $10.00 per direct labour-hour. This predetermined rate was based on 50,000 estimated direct labour hours and $500,000 of estimated total manufacturing overhead. Bear Company incurred actual total manufacturing overhead of $550,000 and 65,000 total direct labour hours during the period. Required - a) Determine the amount of underapplied or overapplied manufacturing overhead for the peric b) Was the amount underapplied or overapplied? Bear Company uses a predetermined overhead rate of $10.00 per direct labour-hour. This predetermined rate was based on 50,000 estimated direct labour hours and $500,000 of estimated total manufacturing overhead. Bear Company incurred actual total manufacturing overhead of $550,000 and 65,000 total direct labour hours during the period. Required - a) Determine the amount of underapplied or overapplied manufacturing overhead for the peric b) Was the amount underapplied or overapplied?
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Related Book For
Managerial Accounting
ISBN: 9781259275814
11th Canadian Edition
Authors: Ray H Garrison, Alan Webb, Theresa Libby
Posted Date:
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