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Walter Company Uses a Job-Order Costing System to Account for Product

Question 106

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Walter Company uses a job-order costing system to account for product costs.The following information pertains to 2011: Walter Company uses a job-order costing system to account for product costs.The following information pertains to 2011: Factory overhead rate is $18 per direct labor hour. What is the amount of under- or overapplied overhead for Walter Company in 2011? A) $40,000 underapplied B) $20,000 underapplied C) $40,000 overapplied D) $20,000 overapplied Factory overhead rate is $18 per direct labor hour.
What is the amount of under- or overapplied overhead for Walter Company in 2011?


A) $40,000 underapplied
B) $20,000 underapplied
C) $40,000 overapplied
D) $20,000 overapplied

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