Answered step by step
Verified Expert Solution
Question
1 Approved Answer
If company had annual budgeted overheads of $2084491 and used Direct Labour Hours as the cost driver and budgeted to run the business at
If company had annual budgeted overheads of $2084491 and used Direct Labour Hours as the cost driver and budgeted to run the business at 22163. Calculate the POHR for this company as use for the following: If Total Actual Direct Labour Hours during the periodwas 20825 and the Actual Overhead was $2099698, calculate the over or under applied overhead. (Note if the OHD is overapplied, enter your answer as a POSITIVE WHOLE NUMBER and if it was UNDERAPPLIED, the just enter the amount as a NEGATIVE whole number below. Note - do NOT enter '$' signs etc, just enter the amount as a number with NO decimal places. e.g. If overhead was UNDERAPPLIED by $1,000 then enter -1000 or if it was OVERAPPLIED by $1,000 enter 1000. Answer: 142474
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started