Which choices denotes the correct status of manufacturing

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Problem

Tiffany charges manufacturing overhead to products by using a predetermined application rate, computed on the basis of labor hours. The following data pertain to the current year: Budgeted manufacturing overhead: $1,800,000 Actual manufacturing overhead: $1,810,000 Budgeted labor hours: 60,000 Actual labor hours: 61,500. Get the instant assignment help. Which choices denotes the correct status of manufacturing overhead at year-end?

Reference no: EM133906226

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