Solution-Find the over- or underapplied factory overhead

Find the over- or underapplied factory overhead amount

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Reference no: EM132549004

The Rock Ltd made the following data available from its accounting records and reports :

a. $600.000 estimated factory overhead/150.000 estimated machine hours

= $4 predetermined factory overhead rate

b. During the year, the company used 120.000 machine hours. Actual factory overhead was $400.000

Required :

Question 1: Find the over- or underapplied factory overhead amount for the year.

Reference no: EM132549004

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Find the over- or underapplied factory overhead amount

Reference no: EM132549004

Reference no: EM132549004

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