Question: Malcolm Company uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. On september 1, the estimates for the month

Malcolm Company uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs.


On september 1, the estimates for the month were:
Manufacturing overhead $17,625
Direct labor-hours 14,100
During september, the actual results were:
Manufacturing overhead $19,125
Direct labor-hours 12,800

The cost records for September will show: (Round your intermediate calculations to 2 decimal places.)

Under applied manufacturing overhead of $1,500
Under applied manufacturing overhead of $3,125
Overapplied manufacturing overhead of $1,500
Overapplied manufacturing overhead of $3,125

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