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Cavy Company estimates that total factory overhead costs for the following year will be $1,618,800. The company has decided that the basis for applying factory
Cavy Company estimates that total factory overhead costs for the following year will be $1,618,800. The company has decided that the basis for applying factory overhead should be machine hours, which are estimated to be 28,400 hours. The machine hours for the month of April for all of the jobs were 5,430. If the actual factory overhead for April totaled $304,558. Determine the over- or underapplied amount for the month. Enter the amount as a positive number. fill in
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