Required information [The following information applies to the questions displayed below.] ? Actual costs were less than anticipated. Creative Lighting Incorporated makes specialty table lamps. Manufacturing overhead is applied to production on a direct labor hours basis. During June, the first month of the company's fiscal year, $110,880 of manufacturing overhead was applied to Work in Process Inventory using the predetermined overhead application rate of $12 per direct labor hour. ?More hours were worked. Saved ? Additional variable costs. c. Identify two possible explanations for the overapplied or underapplied overhead. Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect. ? Additional fixed costs. M Question 4 - Ch. 13 Homework Connect ? Allocated costs less than anticipated. Help Save & Exit Submit

Required information [The following information applies to the questions displayed bolow] Creative Lighting Incorporated makes speciaity table lamps. Manufacturing overhead is applied to production on a direct labor hours basis. During June, the first month of the company's fiscal year, $110,880 of manufacturing overhead was applied to Work in Process Inventory using the predetermined overhead application rate of $12 per direct labor hour. c. Identify two possible explanations for the overapplied or underapplied overhead. Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect. 2 Actual costs were less than anticipated. 2 More hours were worked 2 Additional variable costs 2 Adidionat fixed costs 2 Allocnted costs less than anticipated