Question: I need answer The following cost data relate to the manufacturing activities of Black Company during the just-completed year, Manufacturing overhead costs: Property taxes, factory

I need answer

I need answer The following cost data relate to the manufacturing activities

The following cost data relate to the manufacturing activities of Black Company during the just-completed year, Manufacturing overhead costs: Property taxes, factory 4, 690 Utilities, factory 7. 400 Indirect labour 13.290 Depreciation, factory 28. 890 Insurance, factory Total actual manufacturing overhead costs 62.490 Other costs Incurred: Purchases of raw materials. Direct labour cost 51,208 Inventories: Raw materials, beginning 11, 204 Raw materials, ending H, 609 Work in process, beginning Work in process, ending 10.704 The company uses a predetermined overhead rate to apply overhead cost to production, The rate for the year was $6 per machine- hour, a total of 11.000 machine-hours were recorded for the year. All raw materials ultimately become direct materials-none are classified as indirect materials Required: 1. Compute the amount of underapplied of overapplied overhead cost for the year

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