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bernie2981 bernie2981
wrote...
Posts: 3810
8 years ago
Hilltop Manufacturing uses a predetermined manufacturing overhead rate based on direct labor hours to allocate manufacturing overhead to jobs. Selected data about the company's operations follows:

Actual manufacturing overhead cost   $500,000
Estimated manufacturing overhead cost   $550,000
Estimated direct labor cost   $175,000
Estimated direct labor hours    50,000
Actual direct labor hours    60,000
Estimated machine hours    40,000
Actual machine hours    35,000

By how much was manufacturing overhead overallocated or underallocated for the year?
A) $160,000 overallocated
B) $50,000 overallocated
C) $100,000 underallocated
D) $50,000 underallocated
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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nucleinuclei
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Top Poster
Posts: 2158
8 years ago
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bernie2981 Author
wrote...
8 years ago
Answers my question perfectly.
wrote...
5 years ago
Thank you
wrote...
3 years ago
Thank you.
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