Question
Manufacturing overhead was estimated to be $418,000 for the year along withan estimated 19,000 direct labor hours. Actual manufacturing overhead was $440,000, and actualdirect labor
Manufacturing overhead was estimated to be $418,000 for the year along withan estimated 19,000 direct labor hours. Actual manufacturing overhead was $440,000, and actualdirect labor hours were 20,800. Which of the following would be correct?
Multiple Choice
- Overhead is underapplied by $17,600.
- Overhead is underapplied by $22,000.
- Overhead is overapplied by $17,600.
- Overhead is overapplied by $22,000.
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Introduction To Accounting An Integrated Approach
Authors: Penne Ainsworth, Dan Deines
5th Edition
0073527009, 9780073527000
