Please solve it asap You have to find out the under or over valued Manufacturing overheads forthe company A and B while considering the Allocation for Company A ismachine hours and for Company B is Labor hours.Company ACompany BEstimated MOH575000365000Estimated Labor Hours8500037000Estimated Machine Hours2500075000Actual Labor Hours8700053000Actual Machine Hours8300079000Actualmanufacturing 1400000550,000overhead

Formula: Over Valued MOH: Applied MOH>Actual MOH Under Valued MOH: Applied MOH<Actual MOH

Answered: You have to find out the under or over…

You have to find out the under or over valued Manufacturing overheads for the company A and B while considering the Allocation for Company A is machine hours and for Company B is Labor hours.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 10PA: Carltons Kitchens three cost pools and overhead estimates are as follows: Compare the overhead...

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Source of investments

A start-up business requires high investment along with its objectives, vision, mission, and business plan for the growth of the business. Investment is highly required for funding assets, working capital, and other operations of the business. An investment fund can be raised from various sources. Investment sources assist businesses to achieve their financial goals and support businesses to sustain and grow. Investors are willing to invest in businesses if adequate returns are entitled from the investments. Portfolio methods and risk evaluating measurements are utilized by investors to identify the best investment option.

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You have to find out the under or over valued Manufacturing overheads for
the company A and B while considering the Allocation for Company A is
machine hours and for Company B is Labor hours.
Company A
Company B
Estimated MOH
575000
365000
Estimated Labor Hours
85000
37000
Estimated Machine Hours
25000
75000
Actual Labor Hours
87000
53000
Actual Machine Hours
83000
79000
Actual
manufacturing 1400000
550,000
overhead

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