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Zho 1. Assume the following: Actual direct labor hours exceeded estimated direct labor hours used to calculate the predetermined overhead rate. If overhead is applied
Zho 1. Assume the following: Actual direct labor hours exceeded estimated direct labor hours used to calculate the predetermined overhead rate. If overhead is applied using the predetermined overhead rate, which of the following is always true? a. overhead is overapplied. b. overhead is underapplied. c. overhead is zero d. applied overhead is the same as actual overhead. e. can't be determined from the information given, need more information to answer this question 2. Prime costs for a Job 31 are $1,500 and conversion costs are $2,000. Overhead is applied based on a predetermined overhead rate of $2/DLH (job-order costing). What are the direct materials for the Job 31 if the job requires 400 DLH? 300 500 a. b. C. 700 d. 1200 e. none of the above/not enough information cMoral 20
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