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Metropolitan Enterprises Reports the Following Information at December 31 Manufacturing Overhead $4,300$45,50021,00018,500\begin{array}{cc}\text {Manufacturing Overhead }\\\hline\begin{array}{l|l}\$4,300&\$45,500 \\21,000\\18,500\end{array}\end{array}

Question 118

Essay

Metropolitan Enterprises reports the following information at December 31:
Manufacturing Overhead $4,300$45,50021,00018,500\begin{array}{cc}\text {Manufacturing Overhead }\\\hline\begin{array}{l|l}\$4,300&\$45,500 \\21,000\\18,500\end{array}\end{array}
Requirements
1.What is the actual manufacturing overhead of Metropolitan Enterprises?
2.What is the allocated manufacturing overhead?
3.Is manufacturing overhead underallocated or overallocated? By how much?

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1.Actual manufacturing overhead costs ar...

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