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calculate the over applied and under applied overhead for the year? what caused the overhead or under applied overhead? have 1 unsaved answer - Please

calculate the over applied and under applied overhead for the year?

what caused the overhead or under applied overhead?

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have 1 unsaved answer - Please save all answers. Questions that you save can still be edited. Save All Answers Question 2 David Creations Pty Ltd incurred the following costs during the year just ended: Budgeted direct labour cost 90 000 hours @ $25 per hour Actual direct labour cost 85 000 hours @ $28 per hour Actual machine hour 80 000 Indirect material: Beginning inventory, 1 January $ 70, 000 Purchases $85, 000 Ending inventory, 31 December $90,000 Budgeted manufacturing overhead $1, 155, 000 Actual manufacturing overhead: Depreciation $ 260, 000 Property taxes $25, 000 Indirect labour $80, 000 Supervisory salaries $210, 000 Electricity

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