Business, 13.04.2021 02:40, queenkimm26

A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be $485,060 and direct labor hours would be 48,506. Actual factory overhead costs incurred were $508,253, and actual direct labor hours were 52,943. What is the amount of overapplied or underapplied manufacturing overhead at the end of the year

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A manufacturing company applies factory overhead based on direct labor hours. At the beginning of th...