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| Teaching Since: | May 2017 |
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MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
Juarez, Inc. designs and manufactures custom cabinets. The company uses a job-order costing system, and the allocates overhead at $18 per direct labor hour. Over or underapplied overhead is not material. During May, Juarez’s transactions included the following:    Â
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Direct labor cost incurred at $15 an hour         $5,400
Manufacturing overhead cost incurred              6,800
Direct materials purchased                               11,500
Raw materials inventory, beginning                      160
Raw materials inventory, ending                           280
Sales                                                                23,000
Selling expenses                                                2,100
Work in process inventory, beginning                  220
Work in process inventory, ending                       250
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How much is over or underapplied overhead for May?
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| Â | a. |
$320 underapplied |
| Â | b. |
$1,400 overapplied |
| Â | c. |
$6,800 underapplied |
| Â | d. |
More information is needed |
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