Brusveen Corporation applies manufacturing overheads to jobs based on direct labor-hours. The following information relates to Brusveen
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Brusveen Corporation applies manufacturing overheads to jobs based on direct labor-hours. The following information relates to Brusveen for the past year:
Estimated | Real | |
Direct working hours | 15,000 | 14,800 |
overall cost of production | 300,000 $ | $287,120 |
What was Brusveen's under- or over-applied overhead for the past year?
Related Book For
Ethical Obligations and Decision Making in Accounting Text and Cases
ISBN: 978-0077862213
3rd edition
Authors: Steven Mintz, Roselyn Morris
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