Determine over applied overhead for the month

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Reference no: EM13863927

Kirkaid Company recorded the following transactions for the just completed month:

a. $98,000 in raw materials were requisitioned for use in production. Of this amount, $79,000 was for direct materials and the remainder was for indirect materials.

b. Total labor wages of $122,000 were incurred. Of this amount, $112,000 was for direct labor and the remainder was for indirect labor.

c. Additional actual manufacturing overhead costs of $204,000 were incurred.

d. A total of $245,000 in manufacturing overhead was applied to jobs.

Required:

Determine over applied overhead for the month.

Reference no: EM13863927

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