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Maher Company's records for May contained the following information:Direct materials purchased $ 1 6 , 0 0 0 Direct materials used$ 1 4 , 0

Maher Company's records for May contained the following information:Direct materials purchased $ 16,000Direct materials used$14,000Actual direct labor cost$ 47,000Actual direct labor hours9,000 hoursCost of goods sold$ 100,000Overapplied overhead$ 5,000The company uses a predetermined overhead rate of $5.00 per direct labor hour to apply manufacturing overhead to jobs.The actual overhead cost incurred during the month was:Choose...$ 55,000$ 40,000$ 50,000$ 45,000

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