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ALT-OVER-UNDERAPPLIED Nilon Company estimated that its factory overhead for 2019 would be $840,000, The factory...

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Accounting

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ALT-OVER-UNDERAPPLIED Nilon Company estimated that its factory overhead for 2019 would be $840,000, The factory overhead is applied using Direct Labor Hours Nixon estimated that it would use 40,000 Direct Labor Hours in 2019 The actual factory overhead In 2019 turned out to be $855,000 and the company actually used 41,000 direct labor hours. AGO a What is the predetermined ovehead rate (POR)? PER DIRECT LABOR HOUR FACTORY OVERHEAD Debit Credit b. What was the amount of the actual and applled overhead? Fill in the T-account. Was the overhead underapplied or overapplied? Choose one: d. By how much? e Show entry to close the Factory Overhead account. Debit Credit Choose Account Choose Account To Close the Factory Overhead account

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