Question: Hallaway Inc. uses a job-order costing system with machine hours as the allocation base for overhead. The comp

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Question:
Hallaway Inc. uses a job-order costing system with machine hours
as the allocation base for overhead.
The company uses normal costing to develop their overhead
allocation rate.
The following information is available at the beginning of the
year:
On December 31 the following information was available:
Required:
Use the job order costing system to answer the following
questions.
The predetermined plantwide overhead rate is $__________ per
machine hour.
The amount of overhead applied to Job 780 is
$________________.
The total cost of Job 780, after overhead is applied, is
$________________.
Job 780 was completed and the client was billed cost plus 80%.
The price charged for the job was $___________________.
The total cost of Job 790, after overhead is applied, is
$________________.
At the end of the year total actual machine hours were
89,000. Therefore, total overhead applied to all jobs for the
year was $_________________.
In addition, at the end of the year actual factory overhead was
$1,663,000.
Given this information, is factory overhead over-applied (enter
OA), under-applied (enter UA), or neither (enter NA).
Be sure to enter the correct letters!
Given the above information, the total over- or under-applied
factory overhead for the year was $________________.
Enter your answer as a positive number.