Extracted text: Sensual Scents, Inc. uses a job-order cost system with machine hours as the overhead base. At the beginning of last year, Sensual estimated 38,000 machine hours and P152,000 of manufacturing overhead costs. For the year, only 37,500 machine hours were logged but P153,500 of overhead cost was incurred. 9. What is Sensual's under-or overapplied manufacturing overhead? a. P1,500 underapplied b. P 1,500 overapplied c. P 2,000 underappld d. P3,500 underapplied
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