Homework SourseM27 Determining Missing Amounts LO 25 Determine missing amou
M2-7 Determining Missing Amounts [LO 2-5] Determine missing amounts to complete the following table: Case Actual MOH Applied MOH Over/Underapplied Amount $ 100,000$ 05,000 Overapplied 79,000 Underapplied 1,000 261,300 Overapplied 14,000 41,000 135,000 ![M2-7 Determining Missing Amounts [LO 2-5] Determine missing amounts to complete the following table: Case Actual MOH Applied MOH Over/Underapplied Amount $ 100](/WebImages/7/m27-determining-missing-amounts-lo-25-determine-missing-amou-991614-1761509968-0.webp "M2-7 Determining Missing Amounts [LO 2-5] Determine missing amounts to complete the following table: Case Actual MOH Applied MOH Over/Underapplied Amount $ 100")
Solution
Overapplied occurs when Applied manufacturing overhead is greater than actual manufacturing overhead Underapplied occurs when Applied manufacturing overhead is less than actual manufacturing overhead Case Actual MOH Applied MOH Over / Under applied Amount A 100000 105000 Overapplied 5000 (105000-100000) B 79000 78000 Underapplied 1000 (79000-1000) C 247300 261300 Overapplied 14000 (261300-14000) D 141000 135000 Underapplied 6000 (141000-135000)