Question: Need solution on this one please Numbers 1 and 2 AB Corp. has two users, Department A and Department B. The following data apply for

Need solution on this one please

Need solution on this one please Numbers 1 and 2 AB Corp.

Numbers 1 and 2 AB Corp. has two users, Department A and Department B. The following data apply for both departments for the year: Budgeted Overhead costs: Fixed costs 3,700,000 Variable cost per direct labor hour 37.5 Budgeted direct labor hours: Department A 80,000 Department B 120,000 Actual usage of direct labor hours: Department A 60,000 Department B 80,000 AB Corp. applies overhead based on direct labor hours or uses a single overhead rate based on direct labor hours. 1. What is the amount of overhead applied to Department A? a. 3,360,000 b. 5,950,000 c. 5,025,000 d. 3,730,000 2. What is the amount of overhead applied to Department B? a. 5,220,000 b. 4,480,000 c. 5,466,667 (1. 6,700,000

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