Figure 4-6 Cabrini Company produces two products: toy trucks and toy cars.They use departmental overhead rates for the two production departments: molding and finishing.Molding uses machine hours to assign overhead and Finishing uses direct labor hours.50,000 trucks and 250,000 cars are produced.Please find the following data:

-Refer to Figure 4-6.How much was overhead over or underapplied?

Question

Figure 4-6 Cabrini Company produces two products: toy trucks and toy cars.They use departmental overhead rates for the two production departments: molding and finishing.Molding uses machine hours to assign overhead and Finishing uses direct labor hours.50,000 trucks and 250,000 cars are produced.Please find the following data:
 
-Refer to Figure 4-6.How much was overhead over or underapplied?

Quizplus · Accepted Answer

Overhead was overapplied by $14,250.

Figure 4-6 Cabrini Company Produces Two Products: Toy Trucks and Toy