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TB MC Qu. 4-52 Sutherland Company listed the following ... Sutherland Company listed...

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Accounting

TB MC Qu. 4-52 Sutherland Company listed the following ...

Sutherland Company listed the following data for 2019:

Budgeted factory overhead $2,082,500
Budgeted direct labor hours 85,000
Budgeted machine hours 50,000
Actual factory overhead 2,201,600
Actual direct labor hours 84,300
Actual machine hours 45,200

If overhead is applied based on machine hours, the overapplied/underapplied overhead is (round calculations to 2 significant digits):

Multiple Choice

  • $319,020 underapplied.

  • $319,020 overapplied.

  • $308,779 underapplied.

  • $308,779 overapplied.

  • $ 0 .

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