Adams Manufacturing allocates overhead to production on the basis of direct labo

Question

Adams Manufacturing allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Adams estimated total overhead of $396,000; materials of $410,000 and direct labor of $220,000. During the year Adams incurred $418,000 in materials costs, $413,200 in overhead costs and $224,000 in direct labor costs. Compute the amount of under- or overapplied overhead for the year $10,000 overapplied. $17,200 overapplied. O $10,000 underapplied. O$17,200 underapplied. O $4,800 underapplied.

Explanation / Answer

212000

Overhead Applied 396000 Overhead Incured 413200 Overhead Under Applied -17200

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.