Labor-hours to apply manufacturing overhead to jobs

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Reference no: EM131290019

Sawyer Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last year, the Corporation worked 47,000 actual direct labor-hours and incurred $810,000 of actual manufacturing overhead cost. The Corporation had estimated that it would work 45,000 direct labor-hours during the year and incur $765,000 of manufacturing overhead cost. The Corporation's manufacturing overhead cost for the year was:

underapplied by $11,000

underapplied by $34,000

overapplied by $11,000

overapplied by $34,000

Reference no: EM131290019

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