The following calendar year information about the Tchulahota Corporation is available on December 31:
The company applies overhead on the basis of 125% of direct labor costs. Calculate the amount of over- or underapplied overhead.

Question

The following calendar year information about the Tchulahota Corporation is available on December 31:
   The company applies overhead on the basis of 125% of direct labor costs. Calculate the amount of over- or underapplied overhead.

Quizplus · Accepted Answer

The Answer of The following calendar year information about the Tchulahota Corporation is available on December 31:
   The company applies overhead on the basis of 125% of direct labor costs. Calculate the amount of over- or underapplied overhead.

The Following Calendar Year Information About the Tchulahota Corporation Is