Horngren's Cost Accounting, Student Value Edition (16th Edition)
16th Edition
ISBN: 9780134476032
Author: Srikant M. Datar, Madhav V. Rajan
Publisher: PEARSON
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Chapter 4, Problem 4.19MCQ
ABC Company uses
| Direct manufacturing labor wages | $35,000 |
| Direct material used | 70,000 |
| Indirect manufacturing labor | 4,000 |
| Utilities | 400 |
| Fire insurance | 500 |
| Manufacturing |
11,000 |
| Indirect materials | 6,000 |
| 600 |
Based on the above cost data, the manufacturing overhead for item X is:
- a. $500 overallocated.
- b. $600 underallocated.
- c. $500 underallocated
- d. $600 overallocated.
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Chapter 4 Solutions
Horngren's Cost Accounting, Student Value Edition (16th Edition)
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