Cavy Company estimates that the factory overhead for the
following year will be $1,102,300. The company has decided that the
basis for applying factory overhead should be machine hours, which
is estimated to be 15,100 hours. The machine hours for the month of
April for all of the jobs were 4,700. If the actual factory
overhead for April totaled $335,895, determine the over- or
underapplied amount for the month. Enter the amount as a positive
number.
$
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Cavy Company estimates that the factory overhead for the following year will be $1,102,300. The company...
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Cavy Company estimates that the factory overhead for the following year will be $1,272,000. The company has determined that the basis for applying factory overhead will be machine hours, which is estimated to be 21,200 hours. There are 5,950 machine hours for all of the jobs in the month of April. What amount will be applied to all of the jobs for the month of April?
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