Williams incorporated estimated overhead to be 440000 and, Financial Accounting

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Williams incorporated estimated overhead to be 440000 and

Williams Incorporated estimated overhead to be $440,000 and direct labor hours to be 100,000 for the year. Actual direct labor ended up being 120,000 hours. Actual overhead for the year amounted to $500,000.

A. What is the predetermined overhead rate?

B. What is the applied overhead for the year?

C. What is the amount of under- or over-applied overhead at the end of the year?

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Financial Accounting: Williams incorporated estimated overhead to be 440000 and

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Financial Accounting: Williams incorporated estimated overhead to be 440000 and

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