Perion Corporation Uses Direct Labor-Hours in Its Predetermined Overhead Rate

question 80

Multiple Choice

Perion Corporation uses direct labor-hours in its predetermined overhead rate.At the beginning of the year,the estimated direct labor-hours were 11,200 hours and the total estimated manufacturing overhead was $259,840.At the end of the year,actual direct labor-hours for the year were 10,800 hours and the actual manufacturing overhead for the year was $254,840.Overhead at the end of the year was:

• A) $4,280 overapplied.
• B) $9,280 overapplied.
• C) $9,280 underapplied.
• D) $4,280 underapplieD.
• See calculation below.

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Definitions:

Abbreviation

A brief version of a word or phrase designed for simplicity.

Computerized Tomography

A diagnostic imaging procedure that uses a combination of X-rays and computer technology to produce horizontal, or axial, images of the body.

Cva

Cerebrovascular Accident, commonly known as a stroke, occurs when the blood supply to part of the brain is interrupted or reduced.

Meaning

The significance, definition, or interpretation of something.