Question
Pawn, Inc., which uses a predetermined overhead rate of $60 per direct labor hour, incurred actual overhead costs of $750,000 and used 24,000 direct labor
Pawn, Inc., which uses a predetermined overhead rate of $60 per direct labor hour, incurred actual overhead costs of $750,000 and used 24,000 direct labor hours. How much was Bendarts over- or under-applied overhead for the month of June? Pendart, Inc., which uses a predetermined overhead rate of $40 per direct labor hour, incurred actual overhead costs of $830,000 and used 20,000 direct labor hours. How much was Boxcars over- or under-applied overhead for the month of March?
690,000 underapplied
24,000 underapplied
24,000 overapplied
690,000 overapplied
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