Extracted text: D'Santos uses a job-order cost system with machine hours as an overhead base. The following information relates to D'Santos for last year: Estimated machine hours for the year Actual machine hours for the year Predetermined overhead rate Underapplied factory overhead 11. What is the peso amount of the following items? Estimated OH P 61,200 P 61,200 P 63,000 42,000 40,800 P 1.50 per MH P 2,600 Applied OH Actual OH а.. P 63,000 P 60,400 b. 63,000 65,600 с. 61,200 58,600 d. P 63,000 61,200 63,800
Extracted text: Justine Company budgeted total variable overhead costs at P180,000 for the current period. In addition, they budgeted costs for factory rent at P215,000, costs for depreciation of office equipment at P12,000 coșts for office rent at P92,000, and costs for depreciation of factory equipment at P 38,000. All these costs were based upon estimated machine hours of 80,000. At the end of the period, the Factory Overhead control account had a balance of P 387,875. Actual machine hours were 74,000. 12. What was the over or underapllied factory overhead for the period? P 12,650 overapplied b. а. P 12,650 underapplied P 108,850 overapplied d. с. P 108,850 underapplied