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.
Lex's Manufacturing Company applies manufacturing overhead at the rate of 132% of direct labor cost. During...
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