Business, 30.03.2020 16:52 lyricbrown9055

Bramble Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to total $297,124 for the year, and machine usage is estimated at 125,900 hours. For the year, $377,552 of overhead costs are incurred and 130,700 hours are used.

Compute the manufacturing overhead rate for the year.

What is the amount of under- or overapplied overhead at December 31?

Prepare the adjusting entry to assign the under- or overapplied overhead for the year to cost of goods sold.

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Bramble Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead...