Paul Company used a predetermined overhead rate during the year just completed of $3.50 per direct labor-hour, based on an estimate of 22,000 direct labor-hours to be worked during the year. Actual overhead cost and activity during the year were:
The underapplied or overapplied overhead for the year would be:

Question

Paul Company used a predetermined overhead rate during the year just completed of $3.50 per direct labor-hour, based on an estimate of 22,000 direct labor-hours to be worked during the year. Actual overhead cost and activity during the year were: 
The underapplied or overapplied overhead for the year would be:

Quizplus · Accepted Answer

The Answer of Paul Company used a predetermined overhead rate during the year just completed of $3.50 per direct labor-hour, based on an estimate of 22,000 direct labor-hours to be worked during the year. Actual overhead cost and activity during the year were: 
The underapplied or overapplied overhead for the year would be:

Paul Company Used a Predetermined Overhead Rate During the Year