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For Cullumber Company, the predetermined overhead rate is 120% of direct labour cost. During the month otJune 2022, Cullumber incurred $55,300 of factory labour costs,
For Cullumber Company, the predetermined overhead rate is 120% of direct labour cost. During the month otJune 2022, Cullumber incurred $55,300 of factory labour costs, ofwhich $49,760 was direct labour and $5,540 was indirect labour. Actual overhead incurred in June 2022 was $71,130. Calculate the amount of manufacturing overhead applied duringthe month. Manufacturing overhead applied $ List of Accounts Determine the amount of underapplied or overapplied manufacturing overhead. Manufacturing overhead $ V Determine the amount of underapplied or over-applied manufacturing overhead. Manufactu ring overhead $ V List of Accounts Prepare the adjusting entry for the underapplied or overapplied overhead. {List all debit mtriesbefare credit entries. Credit accwnt titles are mamimuy Indentad when the mat is emitted. Do not indent annually) Account Ties and Explanation Debit Credit List of Accounts
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