Make reasonable assumptions about how to treat redundant letters and excess letters in the memory words and how to treat spaces and punctuation. Indicate what your assumptions are.
January 11, 2018
Explain, in a manner that a legislator might understand, why some restrictions should be imposed. Illustrate your answer with numbers.
January 11, 2018

(c) Determine the amount of overhead that is over/underapplied.

Finance Basics

Bubba’s Crawfish Processing Company uses a traditional overhead allocation based on direct labor hours. For the current year overhead is estimated at $2,250,000 and direct labor hours are budgeted at 415,000 hours. Actual overhead was $2,200,000 and actual overhead hours worked were 422,000.

(a) Calculate the predetermined overhead rate.
(b) Calculate the overhead applied.
(c) Determine the amount of overhead that is over/underapplied.

 

 

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