Jefferson Inc. has the following information for the month of September. The company applies OH...
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Jefferson Inc. has the following information for the month of September. The company applies OH costs using standard machine hours as the allocation base Actual Results Actual variable OH costs 2,340 Actual fixed OH costs $ 4,200 Actual machine hours 1,180 MHs Actual output 1,100 units Budget (for 1,000 units) Variable OH $ 2,000 Fixed OH $ 4,000 Budged machine hours 1,000 MHs 2 The total manufacturing overhead is underapplied or overapplied by how much? A. Overapplied by $ 60 B. Underapplied by $ 140 c. Underapplied by $ 340 D. Overapplied by $ 200 E. None of the above
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