Question
Avondale Manufacturing uses a plantwide overhead rate based on direct labor hours (DLH) and has gathered the following data for the year ending 12/31/2019. Total
Avondale Manufacturing uses a plantwide overhead rate based on direct labor hours (DLH) and has gathered the following data for the year ending 12/31/2019.
Total estimated overhead: $345,000
Total estimated direct labor hours 50,000
Total actual overhead $338,000
Total actual direct labor hours 48,500
Calculate the predetermined overhead rate for the year. ______________
Calculate the amount of applied overhead for the year. _______________
Is the overhead under or over applied?
Calculate the amount of under or over applied overhead for the year. _____
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