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Answer the Following Questions Using the Information Below

Question 89

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Answer the following questions using the information below:
Philadelphia Company manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirect-cost rate of $15 per direct labor-hour. The following data are obtained from the accounting records for June 2010:
Answer the following questions using the information below: Philadelphia Company manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirect-cost rate of $15 per direct labor-hour. The following data are obtained from the accounting records for June 2010:    -For June 2010, manufacturing overhead was: A) overallocated B) underallocated C) neither overallocated nor underallocated D) indeterminable
-For June 2010, manufacturing overhead was:


A) overallocated
B) underallocated
C) neither overallocated nor underallocated
D) indeterminable

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