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Simone uses a predetermined overhead application rate of $8 per direct labor hour. A review...

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Accounting

Simone uses a predetermined overhead application rate of $8 per direct labor hour. A review of the company's accounting records for the year just ended discovered the following:Underapplied manufacturing overhead: $7,200 Actual manufacturing overhead: $392,000 Budgeted labor hours: 50,000 Simone's actual labor hours worked totaled:

A. $48,100

B. $49,100

C. $49,900

D. $50,900

E. cannot be determined based on the information presented

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