Igor Inc.had a predetermined overhead rate of $2 per direct labour hour.The direct labour hours were estimated to be 25,000.The actual manufacturing overhead incurred was $47,000,and 24,000 actual direct labour hours were worked.How much was overhead either overapplied or underapplied last year?
A)$1,000 underapplied
B)$1,000 overapplied
C)$2,000 underapplied
D)$3,000 overapplied

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The Answer of Igor Inc.had a predetermined overhead rate of $2 per direct labour hour.The direct labour hours were estimated to be 25,000.The actual manufacturing overhead incurred was $47,000,and 24,000 actual direct labour hours were worked.How much was overhead either overapplied or underapplied last year?
A)$1,000 underapplied
B)$1,000 overapplied
C)$2,000 underapplied
D)$3,000 overapplied

Igor IncHad a Predetermined Overhead Rate of $2 Per Direct Labour