MULTIPLE CHOICE: Circle the answer of the best
response.
1) A Lot of Wine Company listed the following
data for the current year:
Budgeted factory overhead
$1,184,000
Budgeted direct labor hours
69,600
Budgeted machine hours
24,500
Actual factory overhead
1,157,400
Actual labor hours
72,600
Actual machine hours
23,900
If overhead is applied based on direct labor hours, the
overapplied/underapplied overhead is over or under applied and by
how much? ________________________________________:
Please use this information to answer questions 2, 3
&...