Multiple Choice
Crimp Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 15,000 hours and the total estimated manufacturing overhead was $258,000. At the end of the year, actual direct labor-hours for the year were 13,100 hours and the actual manufacturing overhead for the year was $253,000. Overhead at the end of the year was:
A) $27,680 overapplied
B) $32,680 overapplied
C) $27,680 underapplied
D) $32,680 underapplied
Correct Answer:
Verified
Correct Answer:
Verified
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