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kompoz [17]
3 years ago
7

The Cavy Company estimates that the factory overhead for the following year will be $250,000. The company calculated its Predete

rmined Overhead Rate to be $31.25 per machine hour for the year. The machine hours incurred for the month of April for all of the jobs were 4,780. If the actual factory overhead totaled $141,800, determine the over- or underapplied amount for the month.
Business
1 answer:
notsponge [240]3 years ago
5 0

Answer:

Overapplied overhead= $7,575 overapplied

Explanation:

<u>First, we need to allocate overhead costs based on actual hours: </u>

<u></u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 31.25*4,780

Allocated MOH= $149,375

<u>Now, the over/under allocation:</u>

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 141,800 - 149,375

Overapplied overhead= $7,575 overapplied

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Answer:

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3 years ago
Your grandfather put some money in an account for you on the day you were born. You are now years old and are allowed to withdra
sergij07 [2.7K]

Answer:

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8 0
3 years ago
"what is the general term for providing minor services to constituents, introducing bills for specific citizens, and attempting
kirza4 [7]

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4 0
4 years ago
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Answer:

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3 years ago
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