Homework Answers
Applied overhead = Predetermined overhead rate 
Actual machine hours
Applied overhead = $ 125
2400 = $ 300,000
Applied overhead is greater than Actual overhead therefore the variance is over-applied.
Variance = Applied overhead - Actual overhead = $ 300,000 - $ 275,000 = $ 25,000
What is the amount of over-or under-applied overhead for the year?
| $25,000 | Over-applied |
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please help me with this question
Applied vs. Actual Manufacturing Overhead Harrison Inc. applies overhead based on machine hours. Harrison reports the following for the year just ended: Budgeted overhead for the year $550,000 Budgeted machine hours 25,000 Actual overhead for the year $555,000 Actual machine hours 24.000 What is the amount of over- or under-applied overhead for the year? $ over-applied under-applied Check
Question 3 Not complete Marked out of 25.00 P Flag question Applied vs. Actual Manufacturing Overhead Kubal Inc, applies overhead based on machine hours. Kubal reports the following for the year just ended: Budgeted overhead for the year $330,000 Budgeted machine hours 2,000 Actual overhead for the year $355,000 Actual machine hours 2.400 What is the amount of over- or under-applied overhead for the year? Check Previous Save Answers HEWLETT-PACKARD $ & 7 6 2 5 3 E R T...
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