Homework Answers
Underapplied overhead = -$34,196
Working
| A | Estimated Overhead | $ 150,000 |
| B | Estimated direct labor cost | $ 92,000 |
| C=A/B | Predetermined Overhead Rate | 163.04347826% |
| D | Actual direct labor cost | $ 79,000 |
| E=C x D | Overhead applied | $ 128,804 |
| F | Actual overhead | $ 163,000 |
| G=E-F | Overhead Underapplied | $ 34,196 |
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