Manufacturing Overhead Was Estimated to Be $200,000 for the Year

question 98

Multiple Choice

Manufacturing overhead was estimated to be $200,000 for the year along with 20,000 direct labor hours.Actual manufacturing overhead was $215,000,and actual labor hours were 21,000.Which of the following would be correct?

• A)Overhead is underapplied by $15,000.
• B)Overhead is underapplied by $5,000.
• C)Overhead is overapplied by $5,000.
• D)Overhead is overapplied by $15,000.

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Definitions:

Trigeminal Nerve

The fifth cranial nerve responsible for sensation in the face and certain motor functions such as biting and chewing.

Cornea

The cornea is the transparent front part of the eye that covers the iris, pupil, and anterior chamber, contributing to the eye's optical power.

Subarachnoid Space

The interval between the arachnoid membrane and the pia mater that is filled with cerebrospinal fluid, and surrounds the brain and spinal cord.

Cerebrospinal Fluid

A transparent, colorless fluid present within the brain and spinal cord that serves to protect the brain's cortex by cushioning it, offering essential mechanical and immunological defense within the skull.