Question: The Piglet Company allocates MOH based on Direct Labor cost. Piglet expected to have $250,000 of MOH and $100,000 of DM used and $200,000 of
The Piglet Company allocates MOH based on Direct Labor cost. Piglet expected to have $250,000 of MOH and $100,000 of DM used and $200,000 of DL costs. During the year, Piglet actually had $230,000 of MOH, $95,000 of DM Used and $205,000 of DL costs. What was over- or under-applied MOH amount?
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