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The following accounts are from last years books at Sharp Manufacturing: ...

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Accounting

The following accounts are from last years books at Sharp Manufacturing:
Raw Materials
Debit Credit
Balance 0(b)154,000
(a)164,000
10,000
Work In Process
Debit Credit
Balance 0(f)510,000
(b)132,000
(c)168,000
(e)210,000
0
Finished Goods
Debit Credit
Balance 0(g)460,000
(f)510,000
50,000
Manufacturing Overhead
Debit Credit
(b)22,000(e)210,000
(c)26,000
(d)156,000
6,000
Cost of Goods Sold
Debit Credit
(g)460,000
Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the manufacturing overhead overapplied or underapplied for the year?
Multiple Choice
$6,000 underapplied
$6,000 overapplied
$26,000 underapplied
$26,000 overappliedTB MC Qu.3-59(Static) The following accounts are from last...
The following accounts are from last year's books at Sharp Manufacturing:
Sharp uses job-order costing and applles manufacturing overhead to jobs based on direct labor costs. What is the manufacturing overhead overapplied or underapplied for the year?
Multiple Choice
$6,000 underappled
$6,000 overapplied
$26,000 underapplied
$26,000 overapplied
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