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Author Question: Excellent Products, Inc., uses a budgeted factory overhead rate to apply overhead to production. The ... (Read 149 times)

2125004343

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on: Mar 6, 2021
Excellent Products, Inc., uses a budgeted factory overhead rate to apply overhead to production. The following data are available for the year ended December 31, 2018.

BudgetedActual
Factory overhead$675,000$716,000
Direct labor costs$450,000$432,000
Direct labor-hours12,500dlh13,325dlh

Required:
a.Determine the budgeted factory overhead rate based on direct labor-hours.
b.What is the applied overhead based on direct labor-hours?
c.Is overhead overapplied or underapplied? Explain. 
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by 2125004343 on Mar 6, 2021

blakcmamba

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Reply #1 on: Mar 6, 2021
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2125004343

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Reply 2 on: Mar 6, 2021
Wow, this really help

flexer1n1

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Reply 3 on: Yesterday
:D TYSM

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