Question

Crich Corporation uses direct labor hours in its predetermined overhead rate. At the beginning of the year, the estimated dir
Multiple Choice $4,298 overapplied O $4,298 underapplied $4,248 underapplied $4,248 overapplied
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Answer #1

Answer:-

Predetermined Overhead rate = Estimated Over Head/Direct Labour Hours

Predetermined Overhead rate = 516368/21880

Predetermined Overhead rate = $23.6

Workings :-

((21700*23.6)-516368)) = -4248

Here, the correct option is "C" - Underapplied 4248

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