What was the underapplied or over applied overhead for the year?
A) $6,000 overapplied.
B) $4,000 underapplied.
C) $10,000 underapplied.
D) $10,000 overapplieD.
Applied = 24,000 hrs @ $2.50/hr.= $60,000 - 54,000 actual = $6,000 overapplieD.

Question

Quizplus · Accepted Answer

The given information states that the applied overhead is $60,000 and the actual overhead incurred is $54,000. Therefore, the overhead is overapplied by $6,000 (applied overhead is more than the actual overhead incurred). Thus, the correct answer is option A - $6,000 overapplied.

What Was the Underapplied or Over Applied Overhead for the Year