Student Answer:
Chemicals.
Ship building.
Oil refining.
Textiles.
Steel.
UNIT 2 QUIZ
Question 13. Question : ABC Company listed the following
data for the current year:
Budgeted Factory Overhead = $ 1,044,000
Budgeted Direct labor Hours = 69,600
Budgeted Machine Hours = 24,000
Actual Factory Overhead = 1,037,400
Actual Labor Hours = 72,600
Actual Machine Hours = 23,600
If overhead is applied based on direct labor hours, the
overapplied/underapplied overhead is:
Student Answer:
$15,300 underapplied.