Question: Follow instructions on screen? ACC 219 Chapter 3 Help Save & Exit Submit Check my work 2 Osborn Manufacturing uses a predetermined overhead rate of

Follow instructions on screen?
ACC 219 Chapter 3 Help Save & Exit Submit Check my work 2 Osborn Manufacturing uses a predetermined overhead rate of $19.30 per direct labor-hour. This predetermined rate was based on a cost formula that estimates $252,830 of total manufacturing overhead for an estimated activity level of 13,100 direct labor-hours The company actually incurred $249,000 of manufacturing overhead and 12,600 direct labor-hours during the period. Required . Determine the amount of underapplied or overapplied manufacturing overhead for the period. 2. Assume that the company's underapplied or overapplied overhead is closed to Cost of Goods Sold. Would the journal entry to dispose of the underapplied or overapplied overhead increase or decrease the company's gross margin? By how Hint much? by
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