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Lexs Manufacturing Company applies manufacturing overhead at the rate of 132% of direct labor cost. During April 2017, Lex i
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Answer #1

Correct answer------$3,400 overapplies

.

Overhead applied = 95000 x 132/100= 125,400

Actual overhead are less than overhead applied so overhead are over applied.

Overhead overapplies= 125400-122000= $3400 overapplied.

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