At the beginning of the year, a company estimated its total manufacturing overhead to be $155,000 and
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Question:
At the beginning of the year, a company estimated its total manufacturing overhead to be $155,000 and the total direct labor to be 50,000 hours. Its actual total manufacturing overhead was $161,650 and its actual total direct labor was $53,000. The company's predetermined overhead rate based on direct labor hours (DLH) would be which of the following?
A) $2.92 per DLH
B) $2.94 per DLH
C) $3.05 per DLH
D) $3.10 per DLH
Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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