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Denominator hours for May | | 25,000 | |
Actual hours worked during May | | 24,000 | |
Standard hours allowed for May | | 22,000 | |
Flexible budget fixed overhead cost | $ | 75,000 | |
Actual fixed overhead costs for May | $ | 80,000 | |
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Danske Company had total underapplied overhead of $25,000. Additional information is as follows:
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Variable Overhead: | | | |
Applied based on standard direct labor hours allowed | $ | 62,000 | |
Budgeted based on standard direct labor hours | | 48,000 | |
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Fixed Overhead: | | | |
Applied based on standard direct labor hours allowed | $ | 50,000 | |
Budgeted based on standard direct labor hours | | 37,000 | |
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What is the actual total overhead for the period?
$60,000.
$75,000.
$110,000.
$137,000.
Answer & Explanation
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