Carter corporation applies manufacturing overhead on the basis of machine-hours. at the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $135,850. actual manufacturing overhead for the year amounted to $145,000 and actual machine-hours were 5,660. the company's predetermined overhead rate for the year was $24.70 per machine-hour. the overhead for the year was: question 5 options: $5,198 overapplied $3,952 underapplied $3,952 overapplied $5,198 underapplied

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Mcdowell

Business

2 May, 00:18

Carter corporation applies manufacturing overhead on the basis of machine-hours. at the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $135,850. actual manufacturing overhead for the year amounted to $145,000 and actual machine-hours were 5,660. the company's predetermined overhead rate for the year was $24.70 per machine-hour. the overhead for the year was: question 5 options: $5,198 overapplied $3,952 underapplied $3,952 overapplied $5,198 underapplied

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Sonny Potts · Answer 1

The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year.