Question
Sutherland Company listed the following data for 2019: Budgeted factory overhead $2,223,000 Budgeted direct labor hours 90,000 Budgeted machine hours 50,000 Actual factory overhead 2,201,800
Sutherland Company listed the following data for 2019:
| Budgeted factory overhead | $2,223,000 | ||
| Budgeted direct labor hours | 90,000 | ||
| Budgeted machine hours | 50,000 | ||
| Actual factory overhead | 2,201,800 | ||
| Actual direct labor hours | 84,500 | ||
| Actual machine hours | 45,400 | ||
If overhead is applied based on machine hours, the overapplied/underapplied overhead is (round calculations to 2 significant digits):
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Making Accountability Work Dilemmas For Evaluation And For Audit
Authors: Marie-Louise Bemelmans-Videc, Jeremy Lonsdale, Burt Perrin
1st Edition
1412865557, 978-1412865555
