The overhead budget for Canada Supplies, based on a budgeted volume of 50 000 direct labor hours,

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The overhead budget for Canada Supplies, based on a budgeted volume of 50 000 direct labor hours, was $127 500. Actual overhead costs amounted to $135 000 and actual direct labor hours were 52 500. By how much was overhead under or overapplied?

Select one:

a. $7 500 overapplied

b. $1 125 overapplied

c. Not one of the options

d. $7 500 underapplied

e. $1 125 underapplied

Related Book For answer-question

Cost Accounting

ISBN: 978-0759338098

14th edition

Authors: William K. Carter

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Posted Date: May 23, 2022 08:40 AM

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The overhead budget for Canada Supplies, based on a budgeted volume of 50 000 direct labor hours,

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Predetermined overhead rate Estimated manufacturing Overhead Direct labor hours Predeter... View the full answer

Cost Accounting

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