Aronson & Associates LLP
Aronson & Associates LLP, an accounting firm, assigns overhead to clients based on direct labour hours. The following information is available for the month of March:
$\begin{array}{ll}
\text { Estimated direct labour hours } & 4000 \text { hours } \
\text { Estimated overhead costs } & \$ 8000 \
\text { Actual direct labour hours } & 4200 \text { hours } \
\text { Actual overhead costs } & \$ 8190
\end{array}$

-By how much was overhead over- or underapplied for the month of March?

Question

Aronson & Associates LLP
Aronson & Associates LLP, an accounting firm, assigns overhead to clients based on direct labour hours. The following information is available for the month of March:
$\begin{array}{ll}
\text { Estimated direct labour hours } & 4000 \text { hours } \
\text { Estimated overhead costs } & \$ 8000 \
\text { Actual direct labour hours } & 4200 \text { hours } \
\text { Actual overhead costs } & \$ 8190
\end{array}$

-By how much was overhead over- or underapplied for the month of March?

Quizplus · Accepted Answer

The Answer of Aronson & Associates LLP
Aronson & Associates LLP, an accounting firm, assigns overhead to clients based on direct labour hours. The following information is available for the month of March:
$\begin{array}{ll}
\text { Estimated direct labour hours } & 4000 \text { hours } \
\text { Estimated overhead costs } & \$ 8000 \
\text { Actual direct labour hours } & 4200 \text { hours } \
\text { Actual overhead costs } & \$ 8190
\end{array}$

-By how much was overhead over- or underapplied for the month of March?

Aronson & Associates LLP Aronson & Associates LLP, an Accounting

Aronson & Associates LLP
Aronson & Associates LLP, an Accounting