Mat Corporation's actual manufacturing overhead cost for the month ended March 31 was $78, 000.The company's predetermined overhead rate was 50% of direct labor cost.Other information pertaining to Mat Corporation's inventories and production for the month of March is as follows: Required:
a.Determine the underapplied or overapplied overhead for the month.
b.Determine the Cost of Goods Manufactured for the month.

Question

Mat Corporation's actual manufacturing overhead cost for the month ended March 31 was $78, 000.The company's predetermined overhead rate was 50% of direct labor cost.Other information pertaining to Mat Corporation's inventories and production for the month of March is as follows:  Required:
a.Determine the underapplied or overapplied overhead for the month.
b.Determine the Cost of Goods Manufactured for the month.

Quizplus · Accepted Answer

The Answer of Mat Corporation's actual manufacturing overhead cost for the month ended March 31 was $78, 000.The company's predetermined overhead rate was 50% of direct labor cost.Other information pertaining to Mat Corporation's inventories and production for the month of March is as follows:  Required:
a.Determine the underapplied or overapplied overhead for the month.
b.Determine the Cost of Goods Manufactured for the month.

Mat Corporation's Actual Manufacturing Overhead Cost for the Month Ended