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A company has the following information relating to its production costs: A chart of information including: Machine hours Indirect labor 4 5 , 0 0

A company has the following information relating to its production costs:
A chart of information including: Machine hours
Indirect labor
45
,
000
,
Plant maintenance
259
,
300
,
Plant supervision
90
,
000
,
Plant depreciation
150
,
000
,
Plant utilities
48
,
000
,
Indirect material
5
,
000
.
Compute the actual and applied overhead using the company
s predetermined overhead rate of $
23.92
per machine hour. Was the overhead overapplied or underapplied, and by how much?

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