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The Kelley Company uses a predetermined overhead rate of $9 per direct labor hour to apply overhead. During the year, 30,000 direct labor hours were
The Kelley Company uses a predetermined overhead rate of $9 per direct labor hour to apply overhead. During the year, 30,000 direct labor hours were worked. Actual overhead costs for the year were $240,000. The amount of over/under applied overhead would be
| a | $27,000 over applied |
| b | $26,670 under applied |
| c | $30,000 under applied |
| d | $24,000 over applied |
| e | None of the answers |
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