B.) Cribb Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 15,000 hours and the total estimated manufacturing overhead was $325,000. At the end of the year, actual direct labor-hours for the year were 16,700 hours and the actual manufacturing overhead for the year was $350,000. Overhead at the end of the year was:

a.) 11,833 overapplied

b.) 25,000 overapplied

c.) 11,833 underapplied

d,) 25,000 underapplied

Sales Cost of goods sold (all variable) Total variable selling expense Total fixed selling expense Total variable administrative expense Total fixed administrative expense $433,000 $200,000 $10,000 $9,900 $5,000 $25,600 The contribution margin for October is: 196,500 0 369,500 218,000 260,000