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answer this question plz! Factory overhead for the Praeger Company has been estimated as follows: (10 points) Fixed overhead $122,500 Variable overhead $90,000 Budgeted direct

answer this question plz!

Factory overhead for the Praeger Company has been estimated as follows: (10 points)

Fixed overhead

$122,500

Variable overhead

$90,000

Budgeted direct labor hours

42,500

Production for the month was 90 percent of the budget, and actual factory overhead totaled $175,000. Calculate:

a.

The predetermined factory overhead rate.

b.

The under- or overapplied factory overhead.

image text in transcribed Factory overhead for the Praeger Company has been estimated as follows: (10 points) Fixed overhead Variable overhead Budgeted direct labor hours $122,500 $90,000 42,500 Production for the month was 90 percent of the budget, and actual factory overhead totaled $175,000. Calculate: a. The predetermined factory overhead rate. b. The under- or overapplied factory overhead

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