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:
Verified
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