Exercise 4-19 Kim-Brooks, Inc. makes costumes for movies and television shows. Brooks Kimberly, the company's owner, prepared the following estimates for the upcoming year: Manufacturing overhead cost Direct labor hours $800,000 50,000 $250,000 40,000 Direct labor cost Machine hours (a) Assume that Kim-Brooks applies manufacturing overhead on the basis of direct labor hours. During the year, 49,800 direct labor hours were worked. How much overhead was applied to work in process? If actual manufacturing overhead for the year was $792,000, was overhead under- or overapplied during the year? By how much? (For computation purposes round overhead rates to 2 decimal places, e.g. 52.75. Round final answers to 0 decimal places, e.g. 5,275.) Applied Overhead A Overhead $ A (b) Assume that Kim-Brooks applies manufacturing overhead on the basis of direct labor cost. During the year, $245,000 in direct labor cost was incurred. How much overhead was applied to work in process during the year? If actual manufacturing overhead for the year was $792,000, was overhead under- or overapplied during the year? By how much? (For computation purposes round overhead rates to 2 decimal places, e.g. 52.75%. Round final answers to 0 decimal places, e.g. 5,275.) Applied Overhead Overhead $ Assume that Kim-Brooks applies manufacturing overhead on the basis of direct labor cost. During the year, $245,000 in direct labor cost was incurred. How much overhead was applied to work in process during the year? If actual manufacturing overhead for the year was $792,000, was overhead under- or overapplied during the year? By how much? (For computation purposes round overhead rates to 2 decimal places, e.g. 52.75%. Round final answers to 0 decimal places, e.g. 5,275.) Applied Overhead Overhead $ (c) Assume that Kim-Brooks applies manufacturing overhead on the basis of machine hours. During the year, 40,200 machine hours were worked. How much overhead was applied to work in process during the year? If actual manufacturing overhead for the year was $792,000, was overhead under- or overapplied during the year? By how much? (For computation purposes round overhead rates to 2 decimal places, e.g. 52.75. Round final answers to 0 decmial places, e.g. 5,275.) Applied Overhead Overhead $ Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO VIDEO