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The Elton John Co. estimated Department A's overhead at P255,000 for the period based on an estimated volume of 100,000 direct labor hours. At the
The Elton John Co. estimated Department A's overhead at P255,000 for the period based on an estimated volume of 100,000 direct labor hours. At the end of the period, the factory overhead control account for Department A had a balance of P265,500; actual direct labor hours were 105,000. What was the overhead variance for the period? Indicate if it's overapplied or underapplied, ex. 1000 overapplied. *
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