For karr company the predetermined overhead rate is 140 of


For Karr Company, the predetermined overhead rate is 140% of direct labor cost. During the month, Karr incurred $90,000 of factory labor costs, of which $80,000 is direct labor and $10,000 is indirect labor. Actual overhead incurred was $119,000.

Compute the amount of manufacturing overhead applied during the month. Determine the amount of under- or over applied manufacturing overhead.

Solution Preview :

Prepared by a verified Expert
Microeconomics: For karr company the predetermined overhead rate is 140 of
Reference No:- TGS0654670

Now Priced at $10 (50% Discount)

Recommended (98%)

Rated (4.3/5)