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! Required information Part 2 of 3 01:35:39 References EX...

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Accounting

!
Required information
Part 2 of 3
01:35:39
References
EX 3-35,3-36(Algo) Predetermined Overhead Rate; Various Cost Drivers (LO 3-4)
[The following information applies to the questions displayed below.]
The following data pertain to the Oneida Restaurant Supply Company for the year just ended.
Budgeted sales revenue
Actual manufacturing overhead
Budgeted machine hours (based on practical capacity)
Budgeted direct-labor hours (based on practical capacity)
Budgeted direct-labor rate
Budgeted manufacturing overhead
Actual machine hours
Actual direct-labor hours
Actual direct-labor rate
$200,000
336,000
10,000
20,000
$14
$364,000
11,000
18,000
$17
EX 3-35(Algo) Part 2 Calculate the overapplied or underapplied overhead...
Calculate the overapplied or underapplied overhead for the year using each of the following cost drivers.
Note: Round intermediate calculation to 2 decimal places.
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