Kisler Incorporated makes a single product-a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: The total manufacturing overhead is underapplied or overapplied by how much?
A) $32,123 Underapplied
B) $27,454 Overapplied
C) $27,454 Underapplied
D) $32,123 Overapplied

Question

Kisler Incorporated makes a single product-a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below:  The total manufacturing overhead is underapplied or overapplied by how much?
A) $32,123 Underapplied 
B) $27,454 Overapplied 
C) $27,454 Underapplied 
D) $32,123 Overapplied

Quizplus · Accepted Answer

11eacbfc_c800_e3f9_8ffe_d5f70ba2fabf_TB7552_00

Kisler Incorporated Makes a Single Product-A Cooling Coil Used in Commercial