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Unformatted text preview: b) What is actual overhead? $520,000 c) Was overhead over applied or under applied and by how much? Overhead was over applied by $5,000. Then we did page 82 in the textbook, brief exercises 2-2, 2-3, 2-4, and 2-5. All answers are in the course pack *** To Dispose of excess overhead: 1) Close to CGS (write off) OR 2) Prorate (more accurate) To write off: If over applied, Manufacturing Overhead CGS If under applied, CGS Manufacturing Overhead...
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- Spring '08