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Calculate the over applied or under applied overhead

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Reference no: EM133008105

Question - Budgeted direct labour cost 95,000 hours @ $20 per hour; Actual direct labour cost 90,000 hours @ $22 per hour; Budgeted manufacturing overhead $950,000; Direct Material Used $255,000; Actual manufacturing overhead $945,000. Calculate the over applied or under applied overhead for the year.

a. $48000 under applied

b. $45,000 under applied

c. $45,000 over applied

d. $48000 over applied

Reference no: EM133008105

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