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 $21,760
Direct labor-hours 13,600
During september, the actual results were:
Manufacturing overhead $23,660
Direct labor-hours 12,200

The cost records for September will show: (Round your intermediate calculations to 2 decimal places.)
Under applied manufacturing overhead of $4,140
Overapplied manufacturing overhead of $1,900
Overapplied manufacturing overhead of $4,140
Under applied manufacturing overhead of $1,900

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