Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 21,940 hours and the total estimated manufacturing overhead was $530,948. At the end of the year, actual direct labor-hours for the year were 21,850 hours and the actual manufacturing overhead for the year was $530,948. Overhead at the end of the year was: (Do not round intermediate calculations.)
Multiple Choice
$2,228 underapplied
$2,228 overapplied
$2,178 overapplied
$2,178 underapplied
