Question: Help Save & Exit Submit 3 Kwik Products uses a predetermined overhead application rate of $18 per labor hour. A review of the company's accounting
Help Save & Exit Submit 3 Kwik Products uses a predetermined overhead application rate of $18 per labor hour. A review of the company's accounting records revealed budgeted manufacturing overhead for the period of $675,000, applied manufacturing overhead of $617,400, and overapplied overhead of $12.400. Required A Determine Kwik's actual labor hours, budg eted labor hours, and actual manufacturing overhead esent the necessary year-end journal entry to handle the overapplied overhead, assuming that the firm allocates over-or underapplied overhead to Cost of Goods Sold. Complete this question by entering your answers in the tabs below. Required A Required 8 Determine Kwik's actual labor hours, budgeted labor hours, and actual manufacturing overhead. Actual labor hours Budgeted labor hours Actual manufacturing overhead Required B>
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