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Reyes Corporation applies overhead using a normal costing approach based upon machine-hours. Budgeted factory overhead was $269,280 budgeted machine hours were 18,700. Actual factory overhead
Reyes Corporation applies overhead using a normal costing approach based upon machine-hours. Budgeted factory overhead was $269,280 budgeted machine hours were 18,700. Actual factory overhead was $288,920 actual machine were 19,250. How much is over or underapplied overhead?
a. $6,826 overapplied
b. $11,720 underapplied
c. $0
d. $18,546 underapplied
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