Mountain Pictures, Ltd., applies overhead at a rate of $10 per direct labor hour. At the end ofJune, the company had accumulated 7,650 direct labor hours and incurred $81,250 inmanufacturing overhead. For the month of June, manufacturing overhead was A: $750 overapplied. B: $750 underapplied. C: $4,750 overapplied. D: $4,750 underapplied.
Mountain Pictures, Ltd., applies overhead at a rate of $10 per direct labor hour. At the end ofJune, the company had accumulated 7,650 direct labor hours and incurred $81,250 inmanufacturing overhead. For the month of June, manufacturing overhead was A: $750 overapplied. B: $750 underapplied. C: $4,750 overapplied. D: $4,750 underapplied.
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