Business, 11.02.2020 02:41 ghari112345

Denver Company prints custom training materials for corporations. The business was started on January 1, 2013 and uses a job-order costing system. Manufacturing overhead is applied to jobs based on prime cost (direct materials and direct labor costs).The following information is available for 2013:Estimated Manufacturing Overhead Costs : $315,000Estimated Direct Material Costs : $150,000Estimated Direct Labor Costs : $225,000Actual Direct Materials Cost : $148,500Actual Direct Labor Cost : $213,500Actual Manufacturing Overhead Cost : 318,500
Required:1. What is the under applied or overapplied overhead cost for Denver Company?

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Denver Company prints custom training materials for corporations. The business was started on Januar...