Question: Cap Processing applied factory overhead on machine hours at the following rates per machine hour: Mixing, P7.75; Washing, P 15.10; and, Packing, P2.125. In 2015,

Cap Processing applied factory overhead on machine hours at the following rates per machine hour: Mixing, P7.75; Washing, P 15.10; and, Packing, P2.125. In 2015, actual machine hours are 19,000, 27,500, and 5,500 respectively, for Mixing, Washing, and Packing departments. If the actual factory overhead incurred is P574,375, the amount of over/ under - applied overhead is?

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