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I keep getting 13,000, but it says it is incorrect. Hamilton company applies manufactuting overhead costs to products based on direct labor hours. The company

I keep getting 13,000, but it says it is incorrect. image text in transcribed
image text in transcribed
Hamilton company applies manufactuting overhead costs to products based on direct labor hours. The company estimates manufacturing overhead cost for the vear to be $252,000 and direct labor hours to be 20,000 . Actual overheipd and actual d rect labor hours for the year were $265,000 and 22,200 hours, respectively Required: 1. Compute over- or underapplied overhead 2. which sccounts wil be affected by the over- or underapplied manufacturing overhead? 2b. Wil the accounts be increased for decreased to adjust for the over-or underapplied manufacturing overhead? Answer is not complete. Complete this question by enteritg your answirs in thin tolas below. Hamilton Company applies manufacturing overhead costs to products based on direct labor hours. The company estimates manufacturing overhead cost for the year to be $252,000 and direct labor hours to be 20,000 . Actual overhead and actual cirect labor hours for the year were $265,000 and 22,200 hours, respectively. Required: 1. Compute over-or underapplied overhead 2. Which ticcounts will be affected by the over- or underapplied manufacturing overhead? 2b. Will the accounts be increased or decreased to adfust for the over-or underapplied manufacturng overhead? Answer is complete but not entirely correct. Complete this question by entering vour answers in the tabs below. Compute over- or undmapplied overhead. fate: Do not round your intermendiate calcula tions

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