Question:For Crane Company, the predetermined overhead rate is 129% of
direct labor cost. During the month,...
Question
For Crane Company, the predetermined overhead rate is 129% of
direct labor cost. During the month,...
For Crane Company, the predetermined overhead rate is 129% of
direct labor cost. During the month, Crane incurred $109,000 of
factory labor costs, of which $81,400 is direct labor and $27,600
is indirect labor. Actual overhead incurred was $109,306.
Compute the amount of manufacturing overhead applied during the
month.
Manufacturing overhead applied
$
Determine the amount of under- or overapplied manufacturing
overhead.