Question
ABC Company listed the following data for the current year and uses normal costing: budgeted factory overhead 1044000 budgeted direct labour hours 696600 budgeted machine
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ABC Company listed the following data for the current year and uses normal costing:
budgeted factory overhead 1044000 budgeted direct labour hours 696600 budgeted machine hours 24000 actual factory overhead 1037400 actual labour hours 72600 actual machine hours 23600
If overhead is applied based on direct labor hours, the overapplied/underapplied overhead is:
$15,300 underapplied.
$15,300 overapplied.
$51,600 underapplied.
$51,600 overapplied.
$-0-
ABC Company listed the following data for the current year and uses normal costing:
| budgeted factory overhead | 1044000 |
| budgeted direct labour hours | 696600 |
| budgeted machine hours | 24000 |
| actual factory overhead | 1037400 |
| actual labour hours | 72600 |
| actual machine hours | 23600 |
If overhead is applied based on direct labor hours, the overapplied/underapplied overhead is:
| $15,300 underapplied. | ||
| $15,300 overapplied. | ||
| $51,600 underapplied. | ||
| $51,600 overapplied. | ||
| $-0- |
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Cornerstones of Managerial Accounting
Authors: Mowen, Hansen, Heitger
3rd Edition
324660138, 978-0324660135
