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Crane Company estimates that annual manufacturing overhead costs will be $756,000. Estimated annial operating actlvity bases are: direct labor cost $579,600, direct labor hours 40,000

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Crane Company estimates that annual manufacturing overhead costs will be $756,000. Estimated annial operating actlvity bases are: direct labor cost $579,600, direct labor hours 40,000 and machine hours 80,000 . The actual mamufacturing overhead cost for the year Was $757,260 and the actual direct labor cost for the year was $574,560. Actual direct labor hours totaled 39,800 and machine hours totaled 79,000. Crane applies overhead based on direct labor hours. Compute the predetermined overhead rate and determine the amount of manufacturing overhead applied. Determine if overhead is over- or underapplied and the amount (Round predetermined overhead rote to 2 decimol places, es. 15.25 and all other answers ta 0 decimol ploces es 1,525J Predetermined overhead rate $ per direct labor hour Mamfacturing overhead applied $ Attempts: 0 of 1 used

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