Simone uses a predetermined overhead application rate of $9…

Simоne uses а predetermined оverheаd аpplicatiоn rate of $9 per direct labor hour. A review of the company's accounting records for the year just ended shows the following:  Overapplied manufacturing overhead: $10,000 Actual manufacturing overhead: $395,000 Budgeted labor hours: 50,000  Simone's actual labor hours worked totaled: