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JSmith1 JSmith1
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A year ago

Caple Corporation applies manufacturing overhead on the basis of machine-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $16,660. Actual manufacturing overhead for the year amounted to $25,000 and actual machine-hours were 1,460. The company's predetermined overhead rate for the year was $11.90 per machine-hour.

The overhead for the year was:



▸ $714 overapplied

▸ $7,626 underapplied

▸ $714 underapplied

▸ $7,626 overapplied
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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schmienceschmience
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A year ago
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