Carey Company applies manufacturing overhead costs to products as a percentage of direct labor dollars. Estimated...

 

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Carey Company applies manufacturing overhead costs to products as a percentage of direct labor dollars. Estimated and actual values of manufacturing overhead and direct labor costs are summarized here: Direct labor cost Manufacturing overhead Required: Estimated $ 600,000 900,000 Actual $ 550,000 850,000 1. Determine how much overhead to apply to production. 2. State whether applied overhead was based on actual values, estimated values, or both. Complete this question by entering your answers in the tabs below. Required A Required B Determine how much overhead to apply to production. Applied Manufacturing Overhead $ Carey Company applies manufacturing overhead costs to products as a percentage of direct labor dollars. Estimated and actual values of manufacturing overhead and direct labor costs are summarized here: Direct labor cost Manufacturing overhead Required: Estimated $ 600,000 900,000 Actual $ 550,000 850,000 1. Determine how much overhead to apply to production. 2. State whether applied overhead was based on actual values, estimated values, or both. Complete this question by entering your answers in the tabs below. Required A Required B Determine how much overhead to apply to production. Applied Manufacturing Overhead $