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Estimated Value Actual Value Manufacturing Overhead Costs $800,000 $840,000 Direct labor costs $200,000 $220,000 Direct labor hours 10,000 hours 11,000 hours Machine hours 15,000 hours
Estimated Value Actual Value Manufacturing Overhead Costs $800,000 $840,000 Direct labor costs $200,000 $220,000 Direct labor hours 10,000 hours 11,000 hours Machine hours 15,000 hours 12,000 hours Determine the amount of mis-applied overhead. Put a negative sign in front of your answer if overhead is overapplied
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