(Answered) Question - a shoe companys overhead is applied to the shoes

Accounting

Question - A shoe company's overhead is applied to the shoes based on direct labor hours. last year, total overhead costs were expected to be $72,000. Actual overhead costs totaled $80,000 for 8,000 actual hours. At the end of the year, overhead was underapplied by $5,000.

A. Calculate the determined overhead rate.

B. How much overhead should be applied to a job that was completed in three direct labor hour?

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