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A company estimated 100,000 direct labor hours and $800,000 in overhead. The actual overhead was $805,100, and there were 99,900 direct labor hours. PLEASE NOTE:
A company estimated 100,000 direct labor hours and $800,000 in overhead. The actual overhead was $805,100, and there were 99,900 direct labor hours. PLEASE NOTE: For the first question, the predetermined overhead rate will be rounded to two decimal places and shown with "$" and commas as needed (i.e. $12,345.67). The rates will include their proper label according to the textbook examples (no abbreviations). For the second question, the dollar amount is rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345). For the third question, please use "overapplied" or "underapplied" (no quotes) for the first part and the dollar amount is rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345) for the second part. 1. What is the predetermined overhead rate? | 2. How much was applied during the year? 3. Overhead was by
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