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Accounting

1. Determine the following.

a. Predetermine overhead rate for year 2011

b. Total overhead cost applied to each of the six jobs during year 2011

c. Over- or underapplied overhead at year-end 2011

2. Assuming that any over- or underapplied overhead is not material, prepare the adjusting entry to allocate any over- or underapplied overhead to Cost of Goods Sold at the end of year 2011

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9956760

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