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Business, 28.05.2020 03:59 mxltie1651

Sawyer Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last year, the Corporation worked 57,000 actual direct labor-hours and incurred $365,000 of actual manufacturing overhead cost. The Corporation had estimated that it would work 52,000 direct labor-hours during the year and incur $300,000 of manufacturing overhead cost. The Corporation's applied manufacturing overhead cost for the year was? Was overhead over applied or under applied? By what amount?

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