(Answered) Bubbas crawfish processing company uses a traditional

Accounting

Bubbas Crawfish Processing Company uses a traditional overhead allocation based on direct labor hours. For the current year overhead is estimated at $ 1,150,000 and direct labor hours are budgeted at 162,000 hours. Actual overhead was $ 1,100,000 and actual overhead hours worked were 150,000.

a) Calculate the predetermined overhead rate

b) Calculate the overhead applied

c) Determine the amount of overhead that is over/underapplied

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