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Dickey Company had total underapplied overhead of $17-000- Additional.docx

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Dickey Company had total underapplied overhead of $17-000- Additional.docx

  1. 1. Dickey Company had total underapplied overhead of $17,000. Additional information is as follows: Denominator hours for May 17,000 Actual hours worked during May 16,000 Standard hours allowed for May 14,000 Flexible budget fixed overhead cost $ 51,000 Actual fixed overhead costs for May $ 54,000 Solution Answer is $99,000 as explained below: Discription Amount Applied fixed overhead for May 34000 Applied variable overhead for May 48000 Add : Underapplied amount 17000 Total actual overhead 99000

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