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9. Michael Mfg. Co. provided the following data from its cost accounting records for 2019: Estimated activity 28,000 direct labor (DL) hours Actual activity 30,000
9. Michael Mfg. Co. provided the following data from its cost accounting records for 2019:
Estimated activity 28,000 direct labor (DL) hours
Actual activity 30,000 direct labor hours
Estimated factory overhead cost $406,000
Actual factory overhead cost $432,000
b) Calculate Michaels under or over-applied factory overhead cost for 2019.
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