Cribb Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the
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Cribb Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 17,900 hours and the total estimated manufacturing overhead was $351,120. At the end of the year, actual direct labor-hours for the year were 14,700 hours and the actual manufacturing overhead for the year was $335,050. Overhead at the end of the year was: (Round your intermediate calculations to 2 decimal places.)
$4,520 underapplied
$9,520 underapplied
$4,520 overapplied
$9,520 overapplied
Related Book For
Managerial Accounting
ISBN: 9781260247787
17th Edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
Posted Date: