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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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