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Vertical Climbing Company's work in process inventory on June 1 has a balance of $22,800 representing Job No. 265. During June, $50.300 of direct
Vertical Climbing Company's work in process inventory on June 1 has a balance of $22,800 representing Job No. 265. During June, $50.300 of direct materials were requisitioned for Job No. 265 and $35,900 of direct labor cost was incurred on Job No. 265. Manufacturing overhead is allocated at 125% of direct labor cost. Actual manufacturing overhead costs incurred in June amounted to $41,900. No new jobs were started during June. Job No. 265 is completed on June 28 Is manufacturing overhead overallocated or underallocated for the month of June? By how much? OA. $13,400 underallocated OB. $2,975 underallocated OC. $2,975 overallocated OD. $13,400 overallocated
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