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Cribb Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 13,800 hours and the
Cribb Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 13,800 hours and the total estimated manufacturing overhead was $353,280. At the end of the year, actual direct labor-hours for the year were 13,500 hours and the actual manufacturing overhead for the year was $340,650. Overhead at the end of the year was: (Round your intermediate calculations to 2 decimal places.) |
$9,950 underapplied
$4,950 overapplied
$4,950 underapplied
$9,950 overapplied
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