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above. 8 pts Question 23 ABC Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to appl
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Answer #1
Computation of amount underapplied or overapplied overhead
predetermined overhead rate = manufactuing overhead cost/direct labor hour
predetermined overhead rate = 376340/60700 = 6.2
Underapplied/overapplied overhead = (422000-57750*6.2)
Underapplied overhead = 63950

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