The Following Calendar Year Information About the Tahoma Corporation Is

question 11

Essay

The following calendar year information about the Tahoma Corporation is available on December 31:
$$\begin{array} { l r } \text { Advertising expense } & \$ 28,800 \\\text { Depreciation of factory equipment } & 42,320 \\\text { Depreciation of office equipment } & 10,800 \\\text { Direct labor } & 142,600 \\\text { Factory utilities } & 35,650 \\\text { Interest expense } & 6,650 \\\text { Inventories, January 1: } & \\\text { Raw materials } & 3,450 \\\text { Goods in process } & 17,250 \\\text { Finished goods } & 35,650 \\\text { Invertories, December } 31 : & \\\text { Raw materials } & 2,300 \\\text { Goods in process } & 20,700 \\\text { Finished goods } & 31,050 \\\text { Raw materials purchases } & 132,450 \\\text { Rent on factory building } & 41,400 \\\text { Indirect labor } & 51,750 \\\text { Sales comrnissions } & 16,500\end{array}$$
The company applies overhead on the basis of 125% of direct labor costs.Calculate the amount of over- or underapplied overhead.

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Definitions:

Appointment Status

The current state of a scheduled event, such as confirmed, pending, or canceled.

Appointment

A scheduled arrangement for a meeting or event at a specific time and place, often noted in calendars and scheduling software.

Appointment Status

An indicator of the current state or phase of an appointment, such as scheduled, canceled, or completed.

Calendar Item

An entry in a digital calendar representing a scheduled event, meeting, or reminder.