Dukes Corporation used a predetermined overhead rate this year of $2 per direct labor-hour, based...
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Dukes Corporation used a predetermined overhead rate this year of $2 per direct labor-hour, based on an estimate 20,000 direct labor-hours to be worked during the year. Actual costs and activity during the year were: Actual manufacturing overhead cost incurred Actual direct labor-hours worked The overapplied or underapplied manufacturing for the year was: Multiple Choice O O O C $3,000 underapplied $1,000 overapplied $3,000 overapplied $1,000 underapplied $ 38,000 18,500
Dukes Corporation used a predetermined overhead rate this year of $2 per direct labor-hour, based on an estimate 20,000 direct labor-hours to be worked during the year. Actual costs and activity during the year were: The overapplied or underapplied manufacturing for the year was: Multiple Choice $3.000 underapplied $1,000 overapplied $3.000 overapplied $1,000 underapplied
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