Use the following information for the next 4 questions.
Burkett Company uses a standard cost system. Indirect costs were budgeted at $200,000 plus $15 per direct labor hour. The overhead rate is based on 10,000 hours. Actual results were:
-The over- or underapplied overhead was
A) $50,000 under
B) $10,000 over
C) $60,000 under
D) $20,000 over

Question

Use the following information for the next 4 questions.
Burkett Company uses a standard cost system. Indirect costs were budgeted at $200,000 plus $15 per direct labor hour. The overhead rate is based on 10,000 hours. Actual results were: 
-The over- or underapplied overhead was
A) $50,000 under 
B) $10,000 over 
C) $60,000 under 
D) $20,000 over

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The Answer of Use the following information for the next 4 questions.
Burkett Company uses a standard cost system. Indirect costs were budgeted at $200,000 plus $15 per direct labor hour. The overhead rate is based on 10,000 hours. Actual results were: 
-The over- or underapplied overhead was
A) $50,000 under 
B) $10,000 over 
C) $60,000 under 
D) $20,000 over

Use the Following Information for the Next 4 Questions