Min.do?invokerStakeAssignmentSession Locator &inprogress=false NU Email (74) The Less I Kno... Macro Final - Econ https://www2.cons we Wix Website Editor E Field observations The Effect of Medic eBook Calculator for Under- and Overapplied Overhead Print item At the beginning of the year, Han Company estimated the following: Overhead $270,000 Direct labor hours 90,000 Han uses normal casting and applies overhead on the basis of direct labor hours. For the month of January, direct labor hours were 8,250. By the end of the year, Han showed the following actual amounts: Overhead $275,000 Direct labor hours 89,600 Assume that unadjusted Cost of Goods Sold for Han was $396,000. Required: 1. Calculate the predetermined overhead rate for Man. Round your answers to the nearest cent, if rounding is required. per direct labor hour 2. Calculate the overhead applied to production in January. (Note: Round to the nearest dollar, if rounding is required.) 24,750 3. Calculate the total applied overhead for the year. $ Was overhead over- or underapplied? By how much? Underapplied overheads 2:21 Han uses normal costing and applies overhead on the basis of direct labor hours. For the month of January, direct labor hours were 8,25 year, Han showed the following actual amounts: Overhead $276,000 Direct labor hours 89,600 Assume that unadjusted Cost of Goods Sold for Han was $396,000. Required: 1. Calculate the predetermined overhead rate for Han. Round your answers to the nearest cent, if rounding is required. 3 per direct labor hour 2. Calculate the overhead applied to production in January. (Note: Round to the nearest dollar, if rounding is required.) 24,750 3. Calculate the total applied overhead for the year. s Was overhead over- or underapplied? By how much? Underapplied overhead $ 4. Calculate adjusted Cost of Goods Sold after adjusting for the overhead variance. O