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How much manufacturing overhead is to be applied

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Reference no: EM133123755

Question - Use the following estimates to compute a predetermined overhead rate:

Use only the items required for overhead

Utilities $24,000

Supervision Cost 9,000

Factory Maintenance 6,000

Direct Labor 19,000

Factory Insurance 5,000

Expected machine hours next month will be 5,300 hours.

Required -

A. Calculate predetermined overhead rate.

B. If actual machine hours is 5,100 hours how much manufacturing overhead is to be applied.

C. If actual overhead is $46,000 is overhead underapplied or overapplied, and by how much?

Reference no: EM133123755

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