chapter 3, Managerial Accounting

Cretin Enterprises uses a predetermined overhead rate of $21.40 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $171,200 of total manufacturing overhead for an estimated activity level of 8,000 direct labor-hours.

The company incurred actual total manufacturing overhead costs of $172,500 and 8,250 total direct labor-hours during the period.

Required:
1.

Determine the amount of underapplied or overapplied manufacturing overhead for the period. (Input the amount as a positive value. Omit the "$" sign in your response.)
Posted Date: 2/28/2013 11:13:42 PM | Location : United States







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