A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that total factory overhead costs would be $412,794 and direct labor hours would be 45,866. Actual factory overhead costs incurred were $472,219, and actual direct labor hours were 54,655. What is the amount of overapplied or underapplied manufacturing overhead at the end of the year? a.$19,676 underapplied b.$19,676 overapplied c.$79,101 underapplied d.$491,895 overapplied
A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that total factory overhead costs would be $412,794 and direct labor hours would be 45,866. Actual factory overhead costs incurred were $472,219, and actual direct labor hours were 54,655. What is the amount of overapplied or underapplied manufacturing overhead at the end of the year? a.$19,676 underapplied b.$19,676 overapplied c.$79,101 underapplied d.$491,895 overapplied
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter2: Job Order Costing
Section: Chapter Questions
Problem 4BE: Applying factory overhead Bergan Company estimates that total factory overhead costs will be 620,000...
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A manufacturing company applies factory
a.$19,676 underapplied
b.$19,676 overapplied
c.$79,101 underapplied
d.$491,895 overapplied
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