Osborn Manufacturing uses a predetermined overhead rate of $18.90 per direct labor-hour. This predetermined rate was based on a cost formula that estimates $240,030 of total manufacturing overhead for an estimated activity level of 12,700 direct labor-hours.The company incurred actual total manufacturing overhead costs of $237,000 and 12,200 total direct labor-hours during the period.
Determine the amount of underapplied manufacturing overhead for the period.
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Ответ:
$6,420 under applied
Explanation:
The computation of the amount of under-applied manufacturing overhead for the period is shown below:
= Actual manufacturing overhead - applied overhead
where,
Actual manufacturing overhead = $237,000
And, the applied overhead is
= 12,200 direct labor hours × $18.90
= $230,580
So, the amount is
= $237,000 - $120,580
= $6,420 under applied
Ответ: