Question
Blossom Company applies manufacturing overhead based on direct labor hours. Information concerning manufacturing overhead and labor for the year as follows: Actual manufacturing overhead $
Blossom Company applies manufacturing overhead based on direct labor hours. Information concerning manufacturing overhead and labor for the year as follows:
| Actual manufacturing overhead | $ 167900 | |
| Estimated manufacturing overhead | $ 163800 | |
| Direct labor incurred | 2500 hours @ $ 23 = $ 57500 | |
| Direct labor estimated | 2600 hours @ $ 22 = $ 57200 |
How much is over or underapplied overhead at year end?
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Ebook Principles Of Financial Accounting
Authors: John Wild, Ken Shaw, Barbara Chiappetta
2nd Edition
0077166183, 9780077166182
