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Osborn Manufacturing uses a predetermined overhead rate of $19.30 per direct labor-hour. This predetermined rate was based on a cost formula that estimates $252, 830
Osborn Manufacturing uses a predetermined overhead rate of $19.30 per direct labor-hour. This predetermined rate was based on a cost formula that estimates $252, 830 of total manufacturing overhead for an estimated activity level of 13, 100 direct labor-hours. The company incurred actual total manufacturing overhead costs of $249,000 and 12.600 total direct labor-hours during the period. Determine the amount of underapplied or overapplied manufacturing overhead for the period
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