Solution-Is overhead over under applied and by how much

Is overhead over under applied and by how much

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Reference no: EM132583296

Estimated Overhead was $6 million. Estimated Machine hours were 100,000 hrs. Actual Overhead was 3,990,000 and actual machine hours were 68,000 hours. The over or under applied is not material.

Question 1- Is overhead over under applied and by how much?

Question 2- Give the end of the period adjustment to zero out MOH

Question 3- Give the total cost of the machining department if the direct method of allocation is used

Question 4- Give the total cost of the machining department if the step down method of allocation is used

Reference no: EM132583296

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Is overhead over under applied and by how much

Reference no: EM132583296

Reference no: EM132583296

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