At the beginning of the current year CR Company estimated the following costs Direct material $4,000...
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At the beginning of the current year CR Company estimated the following costs Direct material $4,000 Direct labour 20,000 Rent on factory building 15,000 Sales salaries 25,000 Depreciation on factory equipment 8,000 Indirect labour 10,000 Production supervisor's salary 12,000 CR Company estimated 20,000 labour hours to be worked during the year. Actual labour hours worked were 22,000 hours. If overhead is applied on the basis of direct labour hours, what will be the overhead applied for the year? At the beginning of the current year CR Company estimated the following costs Direct material $4,000 Direct labour 20,000 Rent on factory building 15,000 Sales salaries 25,000 Depreciation on factory equipment 8,000 Indirect labour 10,000 Production supervisor's salary 12,000 CR Company estimated 20,000 labour hours to be worked during the year. Actual labour hours worked were 22,000 hours. If overhead is applied on the basis of direct labour hours, what will be the overhead applied for the year?
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Related Book For
Introduction To Financial Accounting
ISBN: 9781526803009
9th Edition
Authors: Anne Marie Ward, Andrew Thomas
Posted Date:
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