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Dukes Corporation used a predetermined overhead rate this year of $2 per direct labor-hour, based on ...

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Dukes Corporation used a predetermined overhead rate this year of $2 per direct labor-hour, based on ...

Dukes Corporation used a predetermined overhead rate this year of $2 per direct labor-hour, based on an estimate of 20,000 direct labor-hours to be worked during the year. Actual costs and activity during the year were:

Actual manufacturing overhead cost incurred	$38,000
Actual direct labor-hours worked	18,500

The overapplied or underapplied manufacturing for the year was:

▸ $1,000 underapplied

▸ $1,000 overapplied

▸ $3,000 underapplied

▸ $3,000 overapplied

Textbook

Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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