Question: HELP PLEASE QS 15-11 Entry for over- or underapplied overhead LO P4 A company applies overhead at a rate of 155% of direct labor cost.

HELP PLEASE HELP PLEASE QS 15-11 Entry for over- or underapplied overhead LO P4

QS 15-11 Entry for over- or underapplied overhead LO P4 A company applies overhead at a rate of 155% of direct labor cost. Actual overhead cost for the current period is $843,750, and direct labor cost is $505,000 Determine whether there is over. or underapplied overhead using the T-account below Actual overhead Factory Overhead 843.750 782.750 Overhead applied Underapplied overhead 61.000

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