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The Following Information Relates to the Moonie Park Manufacturing Company

Question 2

Multiple Choice

The following information relates to the Moonie Park Manufacturing Company for the year 2012. The following information relates to the Moonie Park Manufacturing Company for the year 2012. What would be the amount of underapplied or overapplied overhead at the end of the month if overhead rates were calculated based on practical capacity, normal capacity and budgeted capacity respectively. A) $17 500 under; neither under or over; $35 000 over B) $17 500 under; $35 000 over; neither under or over C) Neither under or over; $17 500 under; $35 000 over D) Neither under or over; $35 000 over; $17 500 under
What would be the amount of underapplied or overapplied overhead at the end of the month if overhead rates were calculated based on practical capacity, normal capacity and budgeted capacity respectively.


A) $17 500 under; neither under or over; $35 000 over
B) $17 500 under; $35 000 over; neither under or over
C) Neither under or over; $17 500 under; $35 000 over
D) Neither under or over; $35 000 over; $17 500 under

Correct Answer:

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