Weyers Incorporated makes a single product-a critical part used in commercial airline seats. 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) $10,708 Overapplied
B) $9,956 Underapplied
C) $10,708 Underapplied
D) $9,956 Overapplied

Question

Weyers Incorporated makes a single product-a critical part used in commercial airline seats. 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) $10,708 Overapplied 
B) $9,956 Underapplied 
C) $10,708 Underapplied 
D) $9,956 Overapplied

Quizplus · Accepted Answer

11eacbfc_c801_a74d_8ffe_4358932169c5_TB7552_00

Weyers Incorporated Makes a Single Product-A Critical Part Used in Commercial