Fill in the unknowns Case 1 Case 2 a Budgeted factory overhead b Cost driver, budgeted direct labour cost c Budgeted factory overhead rate d Direct labour cost incurred $750,000 $420,000 500,000 120 570,000 Factory overhead incurred f Factory overhead applied e 825,000 415,000 g Underapplied (overa...

A major lesson of this exercise is the distinction between budgeted actual and ...

Fill in the unknowns. Case 1 Case 2 a. Budgeted factory overhead b. Cost driver, budgeted direct

Question:

Fill in the unknowns. Case 1 Case 2 a. Budgeted factory overhead b. Cost driver, budgeted direct labour cost c. Budgeted factory overhead rate Factory overhead incurred f. Factory overhead applied e. 825,000 415,000 g. Underapplied (overapplied) factory overhead