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Question - During March 2019, Alaska Corporation recorded $260,000 of costs related to factory overhead. Alaska's overhead application rate is based on direct labor hours. The preset formula for overhead application estimated that $250,000 would be incurred, and 12,500 direct labor hours would be worked. During March, 13,200 hours were actually worked. Use this information to determine the amount of overhead over or under applied. Enter overapplied overhead as a negative number.
What are the major steps in converting from a manual to a computerized accounting system - what documents and information will you need to convert to the computerized system?
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Determine the amount of underapplied or overapplied manufacturing overhead fort he period
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