Multiple Choice
The Holland Company uses a predetermined overhead rate of $12 per direct labour hour to apply overhead.During the year,30,000 direct labour hours were worked.Actual overhead costs for the year were $320,000.What is the overhead variance?
A) $36,000 underapplied
B) $36,000 overapplied
C) $40,000 underapplied
D) $40,000 overapplied
Correct Answer:
Verified
Correct Answer:
Verified
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