Company uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to...
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Accounting
Company uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. On Sept 1, the estimates for the month were: Manufacturing overhead $21,235 Direct labor-hours 13,700 During september, the actual results were: Manufacturing overhead $22,435 Direct labor-hours 12,500 The cost records for September will show under/over applied, by how much
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