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What is the amount of overapplied or underapplied manufacturing overhead at the end of the year?
What is the amount of overapplied or underapplied manufacturing overhead at the end of the year? A. $17,000 overapplied. B. $17,000 underapplied. C. $9,200 overapplied. D. $9,200 underapplied. ANS: D DIF: Difficult OBJ: 19-02 NAT: AACSB Analytic | IMA-Cost Management 68. A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be $360,000 and direct labor hours would be 45,000. Actual manufacturing overhead costs incurred were $377,200, and actual direct labor hours were 46,000. What is the predetermined overhead rate per direct labor hour? A. $8.00 b. $8.20 c. $8.38 d. $7.83 ANS: A DIF: Moderate OBJ: 19-02 NAT: AACSB Analytic | IMA-Cost Management 69. A manufacturing company applies factory overhead based on direct labor hours.
