Question: Fixed and Variable Factory Overhead Rates; Over - or Underapplied Amount. Normal operating capacity of Robertson Inc. is 1 0 0 , 0 0 0

Fixed and Variable Factory Overhead Rates; Over

-

or Underapplied Amount. Normal operating capacity of Robertson Inc. is

100, 000

machine hours per month, the level usec to compute the predetermined factory overhead application rate. At this level of activits. fixed factory overhead is estimated to be $

150, 000,

and variable factory overhead is esti mated to be $

250, 000 .

During March, actual production required

105, 000

machine hour

-

and actual factory overhead totaled $

411, 000 .

Required:

(1)

Determine the fixed portion of the factory overhead application rate.

(2)

Determine the variable portion of the factory overhead application rate.

(3)

Is factory overhead for March over

-

or underapplied, and by how much?

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