Phoenix Corporation The records of Phoenix Corporation revealed the following data for the current year.

Work in Process $ 73,150

Finished Goods 115,000

Cost of Goods Sold 133,650

Direct Labor 111,600

Direct Material 84,200

Refer to Phoenix Corporation.Assume,for this question only,actual overhead is $98,700 and applied overhead is $93,250.Manufacturing overhead is:

Question

Phoenix Corporation The records of Phoenix Corporation revealed the following data for the current year.

Work in Process	$ 73,150
Finished Goods	115,000
Cost of Goods Sold	133,650
Direct Labor	111,600
Direct Material	84,200

Refer to Phoenix Corporation.Assume,for this question only,actual overhead is $98,700 and applied overhead is $93,250.Manufacturing overhead is:

Quizplus · Accepted Answer

To calculate the difference between the actual and applied overhead, we subtract the applied overhead from the actual overhead: $98,700 - $93,250 = $5,450. Since the applied overhead is less than the actual overhead, the overhead is underapplied by $5,450. Therefore, the correct answer is D.

Phoenix Corporation the Records of Phoenix Corporation Revealed the Following Data for Data