Solved

During 2022 Cotte Manufacturing Expected Job No

Question 126

Multiple Choice

During 2022 Cotte Manufacturing expected Job No.59 to cost $300000 of overhead $500000 of materials and $200000 in labor.Cotte applied overhead based on direct labor cost.Actual production required an overhead cost of $295000 $570000 in materials used and $220000 in labor.All of the goods were completed.How much is the amount of over- or underapplied overhead for this job?


A) $5000 underapplied
B) $5000 overapplied
C) $35000 underapplied
D) $35000 overapplied

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents