Riverside Boats Estimates the Following for 2019 During 2019 Riverside Incurs the Following Costs and Activity

Essay

Riverside Boats estimates the following for 2019:
$\begin{array}{lr}\text { Manufacturing overhead } & \$ 80,000 \\\text { Direct labor hours } & 48,000 \\\text { Machine hours } & 100,000\end{array}$

During 2019 Riverside incurs the following costs and activity:
$\begin{array}{lr}\text { Manufacturing overhead } & \$ 508,000 \\\text { Direct labor hours } & 52,000 \\\text { Machine hours } & 108,000\end{array}$
Riverside uses direct labor hours to calculate the predetermined overhead rate for the year.
(a.)Calculate the predetermined overhead rate for 2019.
(b.)Calculate the applied overhead for 2019.
(c.)Calculate the amount of overapplied or underapplied overhead for 2019.