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1. ABC Company listed the following data for the current year. Budgeted Factory Overhead 1,500,000 Budgeted machine hours 40,500 Actual machine hours 42,150 Budgeted Labor
1. ABC Company listed the following data for the current year. Budgeted Factory Overhead 1,500,000 Budgeted machine hours 40,500 Actual machine hours 42,150 Budgeted Labor hours 97.000 Actual Labor Hours 93,550 Actual Factory overhead 1,485,000 A. Assume BSI Industries applied overhead based on machine hours, what is the company's predetermined overhead rate? B. Assume BSI Industries applied overhead based on direct labor hours, what is the company's predetermined overhead rate? C. If overhead is based on machine hours, is overhead over/under applied and by how much? D. If overhead is based on direct labor hours, is overhead over/under applied and by how much
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