Question
Owl Corp has the following data for October: Direct Materials Cost $65,000 Direct Labor Hours 15,000 Direct labor cost $60,000 Actual Manufacturing Overhead $90,000 Machine
Owl Corp has the following data for October: Direct Materials Cost $65,000 Direct Labor Hours 15,000 Direct labor cost $60,000 Actual Manufacturing Overhead $90,000 Machine Hours 7,500 Manufacturing overhead is applied at the rate of $5.80 per direct labor hour. Manufacturing overhead for October is: Group of answer choices $3,000 overapplied $3,000 underapplied $2,000 overapplied $87,000 overapplied
Owl Corp has the following data for October:
| Direct Materials Cost | $65,000 |
| Direct Labor Hours | 15,000 |
| Direct labor cost | $60,000 |
| Actual Manufacturing Overhead | $90,000 |
| Machine Hours | 7,500 |
Manufacturing overhead is applied at the rate of $5.80 per direct labor hour. Manufacturing overhead for October is:
Group of answer choices
$3,000 overapplied
$3,000 underapplied
$2,000 overapplied
$87,000 overapplied
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
