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Manufacturing overhead applied on the basis of direct labor-hours was $120,000, while actual manufacturing overhead incurred was $124,000 for the month of April. Which of
Manufacturing overhead applied on the basis of direct labor-hours was $120,000, while actual manufacturing overhead incurred was $124,000 for the month of April. Which of the following is always true given the statement above?
A)Overhead was overapplied by $4,000.
B)Overhead was underapplied by $4,000.
C)Actual direct labor-hours exceeded budgeted direct labor-hours.
D)Actual direct labor-hours were less than budgeted direct labor-hours.
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