Question: For the current year Bear Company estimated overhead would be $1,400,000 and there would be 70,000 machine hours. Required - Using machines hours as the

 For the current year Bear Company estimated overhead would be $1,400,000
and there would be 70,000 machine hours. Required - Using machines hours

For the current year Bear Company estimated overhead would be $1,400,000 and there would be 70,000 machine hours. Required - Using machines hours as the allocation base, how much overhead would be assigned to each of the jobs listed above? 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. a) Determine the amount of underapplied or overapplied manufacturing overhead for the per

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