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If the Company Bases Its Predetermined Overhead Rate on the Estimated

Question 8

Multiple Choice

If the company bases its predetermined overhead rate on the estimated amount of the allocation base for the upcoming year, by how much was manufacturing overhead underapplied or overapplied?


A) $17,343 Overapplied
B) $86,387 Underapplied
C) $86,387 Overapplied
D) $17,343 Underapplied

Correct Answer:

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