Question: Question 2 (5 marks) Fill in the missing values in the following table: Predetermined Overhead Rate Actual Direct Actual verhead Over- or Under- Labour HoursCosts
Question 2 (5 marks) Fill in the missing values in the following table: Predetermined Overhead Rate Actual Direct Actual verhead Over- or Under- Labour HoursCosts Applied Overhead $5/Direct Labour 15,000 hours $73,000 Hour $900 $400 under-applied 125 hours $3/Direct Labour Hour 1,000 hours $100 over-applied $7/Direct Labour Hour $3,300 $200 over-applied $6/Direct Labour Hour 60 Hours $350 $2/Direct Labour Hour 25 Hours $10 under-applied $940 $40 under-applied 100 Hours
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
