The following information was gathered for Rogers Company for the year ended December 31, 20x4.
Budgeted Actual
Direct labor-hours 75,000 dlh 77,500 dlh
Factory overhead $525,000 $558,000
Assume that direct labor-hours are the cost-allocation base.
Required:
a. Compute the budgeted factory overhead rate.
b. Compute the factory overhead applied.
c. Compute the amount of over/under-applied overhead.