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bernie2981 bernie2981
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Posts: 3810
8 years ago
Morgan Company uses a job costing system. Morgan Company estimated manufacturing overhead costs for the year at $330,000, based on 60,000 estimated direct labor hours. Actual direct labor hours for the year totaled 75,000. Actual manufacturing overhead for the year was $384,700.

By how much was manufacturing overhead overallocated or underallocated for the year?
A) $27,800 underallocated
B) $27,800 overallocated
C) $54,700 underallocated
D) $54,700 overallocated
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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8 years ago
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this is exactly what I needed
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