What is the actual total overhead for the period?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 7EA: A company estimates its manufacturing overhead will be $750,000 for the next year. What is the...
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The following information is available for the Danske Company:
Denominator hours for May
Actual hours worked during May
Standard hours allowed for May
Flexible budget fixed overhead cost
Actual fixed overhead costs for May
25,000
24,000
22,000
$75,000
$80,000
Danske Company had total underapplied overhead of $25,000. Additional information is as follows:
Variable 0verhead:
Applied based on standard direct labor hours allowed
Budgeted based on standard direct labor hours
$62,000
48,000
Fixed Overhead:
Applied based on standard direct labor hours allowed
Budgeted based on standard direct labor hours
$50,000
37,000
What is the actual total overhead for the period?
Transcribed Image Text:The following information is available for the Danske Company: Denominator hours for May Actual hours worked during May Standard hours allowed for May Flexible budget fixed overhead cost Actual fixed overhead costs for May 25,000 24,000 22,000 $75,000 $80,000 Danske Company had total underapplied overhead of $25,000. Additional information is as follows: Variable 0verhead: Applied based on standard direct labor hours allowed Budgeted based on standard direct labor hours $62,000 48,000 Fixed Overhead: Applied based on standard direct labor hours allowed Budgeted based on standard direct labor hours $50,000 37,000 What is the actual total overhead for the period?
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