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Beckner Inc. is a job-order manufacturer. The company uses a predetermined overhead rate based on direct labor hours to apply overhead to individual jobs. For
Beckner Inc. is a job-order manufacturer. The company uses a predetermined overhead rate based on direct labor hours to apply overhead to individual jobs. For the current year, estimated direct labor hours are 141,000 and estimated factory overhead is $944,700. The following information is for September. Job X was completed during September, while Job Y was started but not finished September 1, inventories: Materials Work-in-process (All Job x) Finished goods $ 24,800 54,200 106,400 $165, 000 Materials purchases Direct materials requisitioned: Job X Job Y 74,800 68,800 Direct labor hours: Job X Job Y 7,800 6,300 Labor costs incurred: Direct labor ($6.80 per hour) Indirect labor Factory supervisory salaries 95, 88 30,200 11,900 Rental costs: Factory Administrative offices 10,100 4,000 Total equipment depreciation costs FactorY Administrative offices Indirect materials used 11,20 3,600 s 25,200 Saved Help Save & Exit The underapplied or overapplied overhead for September is: Multiple Choice $10,630 underapplied $5,870 overapplied 0 $9.60 underapplied. $5,870 underapplied KPrex4 of 25 Next Multiple Choice $10,630 underapplied. $5,870 overapplied. $9,610 underapplied $5,870 underapplied. $9,610 overapplied
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