The Towson Manufacturing Corporation applies overhead on the basis of machine hours. The following divisional information is presented for your review:
|
Division A
|
Division B
|
|
Actual machine hours
|
22,500
|
?
|
|
Estimated machine hours
|
20,000
|
?
|
|
Overhead application rate
|
$4.50
|
$5.00
|
|
Actual overhead
|
$110,000
|
?
|
|
Estimated overhead
|
?
|
$90,000
|
|
Applied overhead
|
?
|
$86,000
|
|
Over- (under-) applied overhead
|
?
|
$6,500
|
Find the unknowns for each of the divisions.