Answered step by step
Verified Expert Solution
Question
1 Approved Answer
If company had annual budgeted overheads of $2133468 and used Direct Labour Hours as the cost driver and budgeted to run the business at 23037.
If company had annual budgeted overheads of $2133468 and used Direct Labour Hours as the cost driver and budgeted to run the business at 23037. Calculate the POHR for this company as use for the following: If Total Actual Direct Labour Hours during the periodwas 20252 and the Actual Overhead was $2184539, 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
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