Compute the amount of manufacturing overhead applied by each department.
X Y Z
Direct labor hours 76,000 28,920 63,000
Machine hours 54,000 87,200 21,000
Direct labor cost $395,200 $138,000 $815,000
Direct materials $215,900 $ 24,380 $ 39,080
Manufacturing overhead incurred $540,000 $345,000 $254,000
i. Compute the amount of manufacturing overhead applied by each department.
ii. Compute the amount of under- or overapplied overhead in each department and indicate whether it is under- or overapplied.
iii. At the end of the year, what is total under- or overapplied overhead for the company? And indicate whether it is under- or overapplied.