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Question: For 2014, Thomas Manufacturing uses machineminus-hours as the only overhead costminus-allocation base. The estimated manufacturing overhead costs are $210,000 and estimated machine hours are 20,000.

The actual manufacturing overhead costs are $330,000 and actual machine hours are 30,000.

What is the difference between the budgeted and the actual manufacturing overhead using job costing?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92713194

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