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The following information is available for the Danske Company: ...

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Accounting

The following information is available for the Danske Company:

Denominator hours for May 18,000
Actual hours worked during May 17,000
Standard hours allowed for May 15,000
Flexible budget fixed overhead cost $ 54,000
Actual fixed overhead costs for May $ 57,600

Danske Company had total underapplied overhead of $18,000. Additional information is as follows:

Variable Overhead:
Applied based on standard direct labor hours allowed $ 48,000
Budgeted based on standard direct labor hours 41,000
Fixed Overhead:
Applied based on standard direct labor hours allowed $ 36,000
Budgeted based on standard direct labor hours 30,000

What is the actual total overhead for the period?

Multiple Choice

  • $53,000

  • $54,000

  • $102,000

  • $89,000

Answer & Explanation Solved by verified expert
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