MANAGERIAL ACCOUNTING-CONNECT >CUSTOM<
MANAGERIAL ACCOUNTING-CONNECT >CUSTOM<
17th Edition
ISBN: 9781265133627
Author: Garrison
Publisher: MCG
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Chapter 3, Problem 1AE
To determine

Under applied and over applied:

Company would estimate the manufacturing overhead cost to allot the estimate amount to the manufacturing department.

If actual manufacturing overhead cost is exceeded the estimated applied cost is called as under applied.

At the same time, actual manufacturing overhead cost is lower than the estimated applied cost is called as over applied.

Whether manufacturing overhead cost is over applied or under applied.

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MANAGERIAL ACCOUNTING-CONNECT >CUSTOM<

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