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Precision Corporation Used a Predetermined Overhead Rate Last Year of $3

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Precision Corporation used a predetermined overhead rate last year of $3 per direct labor-hour,based on an estimate of 24,000 direct labor-hours to be worked during the year.Actual costs and activity during the year were:
Precision Corporation used a predetermined overhead rate last year of $3 per direct labor-hour,based on an estimate of 24,000 direct labor-hours to be worked during the year.Actual costs and activity during the year were:   The overapplied or underapplied manufacturing overhead for the year was: A)  $3,000 underapplied B)  $3,000 overapplied C)  $12,000 underapplied D)  $12,000 overapplied The overapplied or underapplied manufacturing overhead for the year was:


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