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Question: victryl company applies overhead based on direct labor hours at...

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Victryl Company applies overhead based on direct labor hours. At the beginning of the year, Victryl estimates overhead to be $700,000, machine hours to be 200,000, and direct labor hours to be 35,000. During February, Victryl has 5,000 direct labor hours and 10,000 machine hours. If the actual overhead for February is $98,300, what is the overhead variance, and is it overapplied or underapplied? a. $1200 underapplied Ob. $1,000 underapplied Oc. $600 overapplied Od, $800 overapplied e. $1,700 overapplied Ned All work saved.
At the beginning of the year, Titanium Inc. estimated that overhead would be $100,000 and direct labor hours would be 20,000. At the end of the year, actual overhead was $175,900 and there were actually 35,000 direct labor hours. What is the predetermined overhead rate? Oa. $4 per direct labor hour Ob. $5 per direct labor hour Oc. $3 per direct labor hour Od. $6 per direct labor hour Oe. None of these choices are corect. Net
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