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Antoine Machining estimated its manufacturing overhead to be $299,520 and its direct materials costs to...

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Accounting

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Antoine Machining estimated its manufacturing overhead to be $299,520 and its direct materials costs to be $468,000 in Year 1 . Three of the jobs that Antoine Machining worked on in Year 1 had actual direct materials costs of $33,000 for Job AMO02, $73,000 for Job AM005, and $88,000 for Job AM008. For Year 1. actual manufacturing overhead was $322,000 and total direct materials cost was $558,000. Manufacturing overhead is applied to jobs on the basis of direct materials costs using predetermined rates. Required: a. How much overhead was assigned to each of the three jobs, AM002, AM005, and AM008? b. What was the over-or underapplied' manufacturing overhead for Year 1 ? Complete this question by entering your answers in the tabs below. How much overhead was assigned to each of the three jobs, AM002, AM005, and AM008? What was the over- or underapplied manufacturing overhead for Year 1

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