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Business, 26.03.2020 05:15 yen80

Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $206,000 of raw materials on credit; issued materials to production of $203,000 of which $22,000 were indirect. Minstrel incurred a factory payroll of $158,000, of which $32,000 was indirect labor. Minstrel uses a predetermined overhead application rate of 150% of direct labor cost. If Minstrel incurred total overhead costs of $203,000 during the month, compute the amount of under- or overapplied overhead

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Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $206,00...
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