Business, 06.05.2020 03:27 ItzAquaZ8716
Bayest Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last year, the Corporation worked 60,500 actual direct labor-hours and incurred $532,000 of actual manufacturing overhead cost. The Corporation had estimated that it would work 61,800 direct labor-hours during the year and incur $451140 of manufacturing overhead cost. The Corporation's manufacturing overhead cost for the year was:
a. over applied by $90,350
b. under applied by $90,350
c. over applied by $80,860
d. under applied by $80,860
Answers: 2
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