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Calculate the predetermined overhead rate and applied

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Bubbas Crawfish Processing Company uses a traditional overhead allocation based on direct labor hours. For the current year overhead is estimated at $ 1,150,000 and direct labor hours are budgeted at 162,000 hours. Actual overhead was $ 1,100,000 and actual overhead hours worked were 150,000.

a) Calculate the predetermined overhead rate

b) Calculate the overhead applied

c) Determine the amount of overhead that is over/underapplied

Reference no: EM13514727

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