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Beaver Company Used a Predetermined Overhead Rate Last Year of $2

Question 24

Multiple Choice

Beaver Company used a predetermined overhead rate last year of $2 per direct labor-hour, based on an estimate of 25,000 direct labor-hours to be worked during the year. Actual costs and activity during the year were: Beaver Company used a predetermined overhead rate last year of $2 per direct labor-hour, based on an estimate of 25,000 direct labor-hours to be worked during the year. Actual costs and activity during the year were: The underapplied or overapplied overhead last year was: A) $1,000 underapplied B) $1,000 overapplied C) $3,000 overapplied D) $2,000 underapplied
The underapplied or overapplied overhead last year was:


A) $1,000 underapplied
B) $1,000 overapplied
C) $3,000 overapplied
D) $2,000 underapplied

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