Question: GE Company uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last year GE Company incurred $167,400 in actual

 GE Company uses a predetermined overhead rate based on direct labor-hours

GE Company uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last year GE Company incurred $167,400 in actual manufacturing overhead cost. Overhead was underapplied by $14,400 for the year. If the predetermined overhead rate is $6.00 per direct labor-hour, how many hours did the company work during the year? Multiple Choice 25,500 hours 26,650 hours 30,300 hours 27,900 hours

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!