Manufacturing overhead was estimated to be OMR 250,000 for the year along with 20,000 direct labor hours. Actual manufacturing overhead was OMR 250,000, and actual direct labor hours were 19,000. Which of the following would b correct? O a. Overhead is underapplied by OMR 25,000. O b. None of the given answer is correct Oc Overhead is overapplied by OMR 12,500. Od. Overhead is overapplied by OMR 25,00o. Oe. Overhead is underapplied by OMR 12,500. SE NEXT

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 8PB: Queen Bees Honey, Inc., estimated its annual overhead to be $110,000 and based its predetermined...
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Oe.
Work-in-Process Inventory is debited to record direct material used and direct labor incurred.
Manufacturing overhead was estimated to be OMR 250,000 for the year along with 20,000 direct labor hours. Actual
manufacturing overhead was OMR 250,000, and actual direct labor hours were 19,000. Which of the following would be
correct?
O a.
Overhead is underapplied by OMR 25,000.
O b. None of the given answer is correct
Oc Overhead is overapplied by OMR 12.500.
O d. Overhead is overapplied by OMR 25,000.
Oe. Overhead is underapplied by OMR 12,500.
SE
NEXT PAG
COURSE OTLINE SPRING2021
Transcribed Image Text:Oe. Work-in-Process Inventory is debited to record direct material used and direct labor incurred. Manufacturing overhead was estimated to be OMR 250,000 for the year along with 20,000 direct labor hours. Actual manufacturing overhead was OMR 250,000, and actual direct labor hours were 19,000. Which of the following would be correct? O a. Overhead is underapplied by OMR 25,000. O b. None of the given answer is correct Oc Overhead is overapplied by OMR 12.500. O d. Overhead is overapplied by OMR 25,000. Oe. Overhead is underapplied by OMR 12,500. SE NEXT PAG COURSE OTLINE SPRING2021
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