Question
MC Qu. 39 Sawyer Manufacturing Corporation uses... Sawyer Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs.
MC Qu. 39 Sawyer Manufacturing Corporation uses...
Sawyer Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last year, the Corporation worked 35,000 actual direct labor-hours and incurred $495,000 of actual manufacturing overhead cost. The Corporation had estimated that it would work 33,000 direct labor-hours during the year and incur $462,000 of manufacturing overhead cost. The Corporation's manufacturing overhead cost for the year was: |
overapplied by $5,000
overapplied by $28,000
underapplied by $5,000
underapplied by $28,000
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