Question: Harrell Company uses a predetermined overhead rate based on direct labour hours to apply manufacturing overhead to jobs. At the beginning of the year, the

Harrell Company uses a predetermined overhead rate based on direct labour hours to apply manufacturing overhead to jobs. At the beginning of the year, the company estimated its total manufacturing overhead cost at $400,000 and its direct labour hours at 100,000 hours. The actual overhead cost incurred during the year was $350,000 and the actual direct labour hours incurred on jobs during the year was 90,000 hours. What would be the manufacturing overhead for the year? Multiple Choice $50,000 overapplied. $10,000 overapplied. $10,000 underapplied. $50,000 underapplied.
 Harrell Company uses a predetermined overhead rate based on direct labour

Harrell Company uses a predetermined overhead rate based on direct labour hours to apply manufacturing overtsead to jobs. At the beginning of the yeat, the company estimated its total manufacturing overhead cost at $400,000 and its direct labour hours at 100,000 hours. The actual overhead cost incurted during the year was $350,000 and the actual direct labour hours incurred on jobs during the year was 90,000 hours. What would be the manufacturing overthead for the year? Mutiplio Choice $50,000 overappled $10,000 overapplied. $10,000 underappliod $50.000 underappled

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