Find the unknowns for each of the divisions, Accounting Basics

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Find the unknowns for each of the divisions

Overhead application: Working backward.The Towson Manufacturing Corporation applies overhead on the basis of machine hours. The following divisional information is presented for your review:

	Division A	Division B
Actual machine hours	22,500	?
Estimated machine hours	20,000	?
Overhead application rate	$4.50	$5.00
Actual overhead	$110,000	?
Estimated overhead	?	$90,000
Applied overhead	?	$86,000
Over- (under-) applied overhead	?	$6,500

Find the unknowns for each of the divisions?

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Accounting Basics: Find the unknowns for each of the divisions

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Accounting Basics: Find the unknowns for each of the divisions

Reference No:- TGS0686017

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Recent Questions Asked Accounting Basics

Q : Determine the effect on net income and earnings

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Accounting Basics: Find the unknowns for each of the divisions

Reference No:- TGS0686017

Recent Questions Asked Accounting Basics

Q : Determine the effect on net income and earnings

Q : Compute the new machine net present value

Q : What is the proper cash balance at march

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Q : Find the unknowns for each of the divisions

Q : How subsidiary corporation property received for the bonds

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