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Crain Company budgeted 35,000 direct labor hours and incurred 40,000 direct labor hours. It incurred $780,000 of overhead and estimated overhead was $735,000. What is

Crain Company budgeted 35,000 direct labor hours and incurred 40,000 direct labor hours. It incurred $780,000 of overhead and estimated overhead was $735,000.

What is Crain's predetermined overhead rate?

$___ per direct labor hour

Was overhead over applied or under applied for the year? By how much?

over applied or under? overhead $__?

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