Dukes Corporation Used a Predetermined Overhead Rate This Year of $2

question 239

Multiple Choice

Dukes Corporation used a predetermined overhead rate this year of $2 per direct labor-hour, based on an estimate of 20,000 direct labor-hours to be worked during the year.Actual costs and activity during the year were: The overapplied or underapplied manufacturing for the year was:

• A)$1,000 underapplied
• B)$1,000 overapplied
• C)$3,000 underapplied
• D)$3,000 overapplied

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Definitions:

Attribution Theory

A theory that explains how individuals pinpoint the causes of their own and others' behaviors and events.

Role Playing

The act of performing the role of a character in a social setting, either as a form of entertainment or as a therapeutic technique.

Social Norm

The accepted behaviors within a society or group, often considered the 'unwritten rules' of conduct in various scenarios.

Attitude

The tendency of psychology to judge an entity with a degree of liking or disliking.