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Kimble Company Applies Overhead on the Basis of Machine Hours

Question 99

Multiple Choice

Kimble Company applies overhead on the basis of machine hours. Given the following data compute overhead applied and the under- or overapplication of overhead for the period: 11eb1392_1b8d_7390_8021_e3debd3d7d66


A) $1560000 applied and $15000 overapplied
B) $1600000 applied and $15000 overapplied
C) $1560000 applied and $15000 underapplied
D) $1575000 applied and neither under-nor overapplied

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