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Le Queen uses a predetermined overhead rate of P 176 per direct labor hour and a direct labor rate of P 554 per hour.
Le Queen uses a predetermined overhead rate of P 176 per direct labor hour and a direct labor rate of P 554 per hour. For the period 2021, the following actual costs were incurred related to Division Eva: Actual Direct Labor Hours - 5,880 hours Actual Direct Material Cost - P 4,890,250.00 Actual Manufacturing Overhead - P 1,050,950.00 Determine the following: 1. Amount of overhead applied = 2. Amount of under(over)applied overhead = 3. Total manufacturing cost of Division Eva = For requirement 2, follow the format xx.xxx.xx OVERAPPLIED or xx.xxx.xx UNDERAPPLIED - as in 2,500.00 OVERAPPLIED for example.
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