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GFOQKV276 Corporation applles manufacturing overhead on the basis of direct labor-hours. GFOQKV276 based its predetermined overhead rate for the upcoming year on total estimated overhead

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GFOQKV276 Corporation applles manufacturing overhead on the basis of direct labor-hours. GFOQKV276 based its predetermined overhead rate for the upcoming year on total estimated overhead of $242,700 and 7,700 estimated direct labor-hours. (iD*17169) At the end of the year, GFOQKV276's actual manufacturing overhead for the year amounted to $244,000 and actual direct laborhours were 5,600. (Baruch College Exam) Q: What was GFOQKV276's overhead for the year? (Round your intermediate calculations to 2 decimal places.) Multiple Choice $67,488 overapplied $66,188 underapplied

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