Acton Corporation,which applies manufacturing overhead on the basis of machine-hours,has provided the following data for its most recent year of operations.
The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year. The overhead for the year was:
A) $732 underapplied
B) $1,348 underapplied
C) $732 overapplied
D) $1,348 overapplied
Correct Answer:
Verified
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