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Malcolm Company Uses a Predetermined Overhead Rate Based on Direct

Question 58

Multiple Choice

Malcolm Company uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Malcolm Company uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. The cost records for September will show: A) Overapplied manufacturing overhead of $1,500 B) Underapplied overhead of $1,500 C) Overapplied manufacturing overhead of $3,500 D) Underapplied overhead of $3,500 The cost records for September will show:


A) Overapplied manufacturing overhead of $1,500
B) Underapplied overhead of $1,500
C) Overapplied manufacturing overhead of $3,500
D) Underapplied overhead of $3,500

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