Business, 19.02.2020 21:18 shygirltn

The company uses a predetermined overhead rate of $20 per machine-hour to apply overhead cost to jobs. A total of 21,700 machine-hours were used during the year.

Required:

1. Compute the amount of underapplied or overapplied overhead cost for the year.

2. Prepare a schedule of cost of goods manufactured for the year.

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The company uses a predetermined overhead rate of $20 per machine-hour to apply overhead cost to job...