need help on

"if the Company had actually overhead of 2750 would the overhead be over or under applied for the. And by how much"

"determine your gross profit per if the products have a sale price of $20 X, $32 y, $45 z"

You work for (Company) manufacturing and are a new hire in their accounting division. The company has hired you in order to better determine costs associated with their different products. They manufacture three different types of products known as X, Y. and Z (sorry I wish I was more creative). Each of these products is made out of different lengts of ribbon. Product X uses 3 ft, product Y uses 7ft, and product Z uses 10 ft (this is to produce one unit). Ribbon has a consistant cost of 50 cents per ft. The Direct labor ours necessary for production for one unit are 5 (X), 11(Y), and 15 (2) respectively. The average cost is $14 per labor hour (use this for DL costs). The plantwide overhead rate is 1.5 per labor hour. Please determine the following cost overall for each product type based on the assumption that they produced 50 units of each product. 2 Product Raw material No units produced(A) Ft per unit produced(B) Total ft of material used(A'B) *cost per ft of material 50 3.00 150.00 $0.50 50 7.00 350.00 $0.50 50 10.00 500.00 $0.50 Total Rawmaterial cost $75.00 $175.00 $250.00 z Product Direct Labor No of units produced A Labor hrs per unit produced B Total labor hours used AB *cost per labor hour Total Direct Labor Cost 50 5.00 250.00 $14.00 $3500.00 50 50 11.00 15.00 550.00 750.00 $14.00 $14.00 $7700.00 $10500.00 Total Labor hours used *overhead rate Total overhead cost 250 $1.50 $375.00 y 550 $1.50 $825.00 z 750 $1.50 $1125.00 If the company had actually overhead of $2750 would the overhead be over or underapplied for the period and by how much. Under/Over Amount Determine your Gross Profit per if the products have a sale price of $20 (X). $32/Y), $45 (2) respectively. Product X Product Y Product Z Gross Profit