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Lonestar Corporation Uses a Job-Order Costing System to Account for Product

Question 115

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Lonestar Corporation uses a job-order costing system to account for product costs. The following information pertains to 20160: Lonestar Corporation uses a job-order costing system to account for product costs. The following information pertains to 20160: What is the amount of under- or overapplied overhead for Lonestar Corporation in 2016? A) $40,000 overapplied B) $20,000 overapplied C) $40,000 underapplied D) $20,000 underapplied What is the amount of under- or overapplied overhead for Lonestar Corporation in 2016?


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

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