?Company records show the following data:
Month |
Labour
Cost |
Actual
Overhead |
|---|
May |
$60,000 |
$91,020 |
June |
$50,000 |
$74,850 |
July |
$44,000 |
$66,120 |
Overhead is applied at 150% of direct labour cost. At the end of July, the balance of the overhead account would be:
