Blue Mountain Company applies overhead on the basis of machine hours. The following data was for the recent year: Estimated annual overhead cost $3000000 Actual annual overhead cost $2970000 Estimated machine hours 300000 Actual machine hours 295000 a) Calculate the appliedoverheadcostfor the year. b) Calculate the under-or overapplication of overhead for the year. c) Explain the reason for the difference in applied overhead costs and actual overhead costs, and how this difference is addressed at year-end.

A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that total factory overhead costs would be $466,920 and direct labor hours would be 46,692. Actual factory overhead costs incurred were $496,253, and actual direct labor hours were 51,693. What is the amount of overapplied or underapplied manufacturing overhead at the end of the year? O $516,930 overapplied Ob. $50,010 underapplied Oc. $20,677 overapplied Od. $20,677 underapplied

estion Manufacturing overhead was estimated to be OMR 200,000 for the year along with 20,000 direct labor hours. Actual manufacturing overhead was OMR 215,000, and actual labor hours were 21,000. Which of the following would be correct? et ered O a. Overhead is overapplied by OMR 15,000. ed out of O b. None of the given answer is correct O c. Overhead is underapplied by OMR 15,000. O d. Overhead is underapplied by OMR 5,000. ion O e. Overhead is overapplied by OMR 5,000.

← Doric Agricultural Corporation uses a predetermined overhead allocation rate based on the direct labor cost. The manufacturing overhead cost allocated during the year is $280,000. The details of production and costs incurred during the year are as follows: Actual direct materials cost Actual direct labor cost $811,000 $170,000 $262,000 5,520 hours Actual overhead costs incurred Total direct labor hours What is the predetermined overhead allocation rate applied by the corporation? (Round your answer to two decimal places.) OA. 164.71% OB. 34.53% OC. 93.57% O D. 64.89% XXID

Carver Company uses a plantwide overhead rate based on direct labor costs. Suppose that Carver raises its wage rate for direct labor during the year. How would that affect the overhead applied? The total cost of jobs?

Shahid Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its most recent year of operations. Estimated manufacturing overhead                                   Rs. 182,000 Estimated machine-hours                                                            5,600 Actual manufacturing overhead                                        Rs. 187,000 Actual machine-hours                                                                 5,100   The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year.   Calculate predetermined overhead rate?

Ibra Computer Co. sells computers and internet equipment. It has the following information for the year: Overhead cost Computer hours Direct labor hours Estimated R.O.6,200,000 310,000 62,000 Actual R.O.4,500,000 90,000 150,000 Overhead is applied on the basis of direct labor hours. Instructions a. Compute the predetermined overhead rate. b. Determine the amount of overhead under or over-applied for the year.

A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that total factory overhead costs would be $326,100 and direct labor hours would be 48,500. Actual manufacturing overhead costs incurred were $314,800, and actual direct labor hours were 54,100. What is the predetermined factory overhead rate per direct labor hour? 55.36 b. 58.07 $10.09 4. $6.72

Pharoah Company applies manufacturing overhead based on direct labor hours. Information concerning manufacturing overhead and labor for the year is as follows: Actual manufacturing overhead $135,000 Estimated manufacturing overhead $130,500 Direct labor hours incurred 4,800 Direct labor hours estimated 5,000 Compute the predetermined overhead rate. (Round answer to 2 decimal places, e.g. 15.25.) Predetermined overhead rate $ per direct labor hour Texth

A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be $284,112 and direct labor hours would be 47,352. Actual factory overhead costs incurred were $309,825, and actual direct labor hours were 53,789. What is the amount of overapplied or underapplied manufacturing overhead at the end of the year? a.$322,734 overapplied b.$38,622 underapplied c.$12,909 overapplied d.$12,909 underapplied