costs for the current period. The company had no beginning inventories.
tabletableGIBSON CORPORATIONPRODUCTION AND UNIT COST DATAFOR CURRENT PERIODtableUnits SoldUnits ProduiredUnits Produced,,Direct Materials,$Direct Labor,$Manufacturing Overhead variable$tableSelling and Administrative Costs fixedSelling Price$Selling Price,$
The company has a normal capacity of units per period. The actual total fixed manufacturing overhead was equal to the budgeted amount and the actual variable manufacturing overhead per unit was equal to the budgeted amount per unit. Any under or overapplied manufacturing overhead is considered insignificant. The unit selling and administrative costs are based on units sold.
What is the under or overapplied manufacturing overhead for the period?
