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San Antonio Welding Company applies factory overhead at a rate of $8.20 per direct-labor hour. Selected data for 20X0 operations are as follows (in thousands):
San Antonio Welding Company applies factory overhead at a rate of $8.20 per direct-labor hour. Selected data for 20X0 operations are as follows (in thousands): Direct-labor hours Direct-labor cost Indirect-labor cost Sales commissions Depreciation, manufacturing equipment Direct-materials cost Factory fuel costs Depreciation, finished-goods warehouse Cost of goods sold All other factory costs Compute for both cases 1. factory overhead applied. 2. total factory overhead incurred. 3. amount of underapplied or overapplied factory overhead.
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