Question
q24 --Jasper Company applies overhead on the basis of direct labor cost. At the beginning of January, Jasper estimated its manufacturing overhead costs for the
q24 --Jasper Company applies overhead on the basis of direct labor cost. At the beginning of January, Jasper estimated its manufacturing overhead costs for the year to be $100072 and its direct labor costs to be $55091. Actual overhead for the year was $124018 and actual direct labor costs were $93546.
Calculate the predetermined overhead rate (round to 2 decimal places).
Jasper Company applies overhead on the basis of direct labor cost. Based on the following information, what is the over- or under-applied overhead for the current period?
Actual direct labor cost incurred for the period | $5301 |
Predetermined overhead rate | $3 |
Actual manufacturing overhead cost for the period | $18987 |
Estimated manufacturing overhead cost | $15749 |
q9--Select one:
a. $3084 overapplied
b. $3238 overapplied
c. $3084 underapplied
d. $3238 underapplied
Select one:
a. $1.33
b. $2.25
c. $1.07
d. $1.8
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