Acc346 Managerial Accounting: (TCO 2) Coyote Trading uses a predetermined manufacturing overhead

Acc346 Managerial Accounting
Week 8 Final Exam

(TCO 2) Coyote Trading uses a predetermined manufacturing overhead rate of $12 per machine hour. Last year the company had actual overhead of $898,000 and 75,000 machine hours.

(a) Compute the amount of manufacturing overhead applied.
(b) Compute the amount of over/underapplied overhead.
(c) What is the disposition of the over/under applied overhead? (Points : 25)
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