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

question 60

Multiple Choice

Crinks 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

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Definitions:

Feel Guilty

The emotional state resulting from the belief that one has violated a moral standard or caused harm to someone.

Apologize

The act of expressing regret or sorrow for having wronged or caused harm.

Make Amends

The process of attempting to correct wrongs done to another person, often involving an apology or restitution.

Repressing Versus Venting

The comparison between psychologically suppressing emotions and openly expressing them as ways of dealing with emotional stress.