The following information was gathered for Rogers Company for the year ended December 31, 20×4

ACCOUNTING

The following information was gathered for Rogers Company for the year ended December 31, 20×4.

Budgeted Actual
Direct labor-hours 75,000 dlh 77,500 dlh
Factory overhead $525,000 $558,000

Assume that direct labor-hours are the cost-allocation base.

Required:
a. Compute the budgeted factory overhead rate.
b. Compute the factory overhead applied.
c. Compute the amount of over/underapplied overhead.

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