Business, 03.07.2019 02:20 jakobrobinette

Terrence industries 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 $ 2,100,000 actual manufacturing overhead 2,111,000 budgeted labor hours 70,000 actual labor hours 72,300. what is the correct status of manufacturing overhead at year-end?

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