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Determine manufacturing overhead will have been

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The Peterson Company uses a predetermined overhead rate of 120% of direct labor costs to apply manufacturing overhead. Estimated costs for the upcoming year are:

Direct materials $12,000
Advertising $4,000
Factory supplies $12,000
Indirect materials $111000
Indirect labor $6,000

Sales commissions $6,000

Question 1: Tools for factory equipment $2,000 If actual direct labor costs for the year were $19,000, manufacturing overhead will have been:

a. Underapplied by $8,200

b. Underapplied by $3,300

c. Underapplied by $2,000

Reference no: EM132501173

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