Tiger, Inc. had actual manufacturing overhead costs of $1,210,000 and a predetermined overhead rate of $4.00 per machine hour.

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Tiger, Inc. had actual manufacturing overhead costs of $1,210,000 and a predetermined overhead rate of $4.00 per machine hour. Tiger, Inc. worked 290,000 machine hours during the period. Tiger’s manufacturing overhead is

Darshita Changed status to publish August 29, 2020

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score 0 · Answer 1 · 2020-08-29T03:24:37+00:00

Answer:

Overhead Applied

= Predetermined overhead x hours
= $4.00 per hour × 290,000 hours
= $1,160,000

Underapplied Overhead

= Actual – Applied
=$1,210,000 – $1,160,000
= $50,000

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