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Compute the amount of manufacturing overhead

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Reference no: EM13315990

For Karr Company, the predetermined overhead rate is 140% of direct labor cost. During the month, Karr incurred $90,000 of factory labor costs, of which $80,000 is direct labor and $10,000 is indirect labor. Actual overhead incurred was $119,000.

Compute the amount of manufacturing overhead applied during the month. Determine the amount of under- or over applied manufacturing overhead.

Reference no: EM13315990

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