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The following information relates to Araceli Manufacturing Company: total estimated maunufacturing overhead cost at beginning of year $864,000 predetermined overhead rate (based on machine hours)
The following information relates to Araceli Manufacturing Company: total estimated maunufacturing overhead cost at beginning of year $864,000
predetermined overhead rate (based on machine hours) $7.20 per hour
total manufacturing cost incurred during the year $885,000
total machine hours incurred during the year 118,000 hour
What was Araceli's underapplied or overapplied overhead for last year?
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