ACCOUNTING:TOOLS... W/WILEYPLUS >C<
ACCOUNTING:TOOLS... W/WILEYPLUS >C<
6th Edition
ISBN: 9781119298243
Author: Kimmel
Publisher: WILEY C
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MCQ
A manufacturing company applies overhead based on direct labor hours. At the beginning of the year, it was estimated that overhead costs would be $450,000 and direct labor hours would be 90,000. Actual overhead costs incurred were $459,000 and actual direct labor hours were 95,000. What is the amount of overapplied or underapplied overhead at the end of the year?
Please solve this question general accounting
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