Multiple Choice
Carlo Company uses a predetermined overhead rate based on direct labour hours to appl? manufacturing overhead to jobs. The company estimated manufacturing overhead at
$255,000 for the year and direct labour-hours at 100,000 hours. Actual manufacturing overhead costs incurred during the year totalled $270,000. Actual direct labour hours were 105,000. What was the overapplied or underapplied overhead for the year?
A) $2,250 underapplied.
B) $15,000 underapplied.
C) $2,250 overapplied.
D) $15,000 overapplied.
Correct Answer:
Verified
Correct Answer:
Verified
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