60) Lawrence Corporation had actual manufacturing overhead costs of $29,500 for the past year. Direct labor cost is $17.50 per hour. Manufacturing overhead is allocated at a rate of $2.50 per direct...

60) Lawrence Corporation had actual manufacturing overhead costs of $29,500 for the past year. Direct labor cost is $17.50 per hour. Manufacturing overhead is allocated at a rate of $2.50 per direct labor hour. Manufacturing overhead was overallocated for the year by $1,500.

Calculate:

A) Allocated manufacturing overhead costs for year

B) Actual number of direct labor hours worked in year