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Business, 21.01.2021 23:10 angel13sigala

Tiffany charges manufacturing overhead to products by using a predetermined application rate, computed on the basis of labor hours. The following data pertain to the current year:Budgeted manufacturing overhead: $ 1,800,000Actual manufacturing overhead: $ 1,813,500Budgeted labor hours: 90,000Actual labor hours: 92,200Which of the following choices is the correct status of manufacturing overhead at year-end?a. Overapplied by $13,500.b. Underapplied by $13,500.c. Overapplied by $30,500.d. Underapplied by $30,500.e. Overapplied by $44,000.

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