Hilltop Manufacturing uses a predetermined manufacturing overhead rate based on machine hours to allocate manufacturing overhead to jobs. Selected data about the company's operations follows:
By how much was manufacturing overhead overallocated or underallocated for the year? (Round intermediary calculations to the nearest cent.)
A) $64,910 underallocated
B) $64,910 overallocated
C) $14,910 underallocated
D) $14,910 overallocated
Correct Answer:
Verified
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