Question: Data section Manufacturing overhead cost Direct labor cost Direct labor hours Machine hours Estimated value Actual value 594,000 $ 396,000 $ 16,500 7,500 655,000 450,000


Data section Manufacturing overhead cost Direct labor cost Direct labor hours Machine hours Estimated value Actual value 594,000 $ 396,000 $ 16,500 7,500 655,000 450,000 18,000 8,500 Requirement 1: Predetermined overhead rate Formula Manufacturing overhead cost/ direct labor hours Answer Applied manufacturing overhead: Formula Answer Under or over applied? Dollar amount? Requirement 2: Predetermined overhead rate Formula Answer Carry answer out to two decimal places Applied manufactring overhead Formula Answer Under or over applied? Dollar amount? Requirement 3: Predetermined overhead rate Formula Answer Applied manufactring overhead: Formula Answer Under or over applied? Dollar amount
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