introduction to managerial accounting

During 2022, Crane Company incutred the following direct labor costs: January $20,800 and February $31,200. Crane uses a predetermined overhead rate of 120% of direct labor cost. Estimated overhead for the 2 months, respectively, totaled $20,280 and $37,128. Actual overtiead for the 2 months, respectively, totaled $26,000 and $34,840. Calculate overhead applied. Jamuary $ February $ Determine if overhead is over- or underapplied for each of the two months and the respective amounts. lanuary 5 February $ Attempts: 0 of 1used