Use the following information for the next 4 questions.
Rayfield Company's management accountant collected the following inventory and transaction data for the month:
The cost of goods available for sale was $1,370. Total manufacturing costs assigned to work-in-process during the month was $1,170. Manufacturing overhead was $334; and direct materials used were $386.
-Over- or underapplied overhead for September was
A) $800 underapplied
B) $800 overapplied
C) $1,600 underapplied
D) $1,600 overapplied
Correct Answer:
Verified
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