Accounting Manufacturing Overhead

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Sylvan Company uses activity-based costing to determine product costs for external financial reports. The company's partially completed Manufacturing Overhead T-account for the current year is shown below:

 

Manufacturing Overhead

(a)            1,302,000

 1.

value:
1 points

 

Requirement 1:

What does the entry (a) above represent?

	Actual manufacturing overhead cost incurred
	Overhead applied
	Machine-hours

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Multiple Choice	Learning Objective: 03-2
Difficulty: Basic	Learning Objective: 03-5