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What is the amount of overapplied or underapplied manufacturing overhead at the end of the year? A. $17,000 overapplied. B. $17,000 underapplied. C. $9,200 overapplied. D. $9,200 underapplied. ANS: D DIF: Difficult OBJ: 19-02 NAT: AACSB Analytic | IMA-Cost Management 68. A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be $360,000 and direct labor hours would be 45,000. Actual manufacturing overhead costs incurred were $377,200, and actual direct labor hours were 46,000. What is the predetermined overhead rate per direct labor hour? A. $8.00 b. $8.20 c. $8.38 d. $7.83 ANS: A DIF: Moderate OBJ: 19-02 NAT: AACSB Analytic | IMA-Cost Management 69. A manufacturing company applies factory overhead based on direct labor hours.
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