Lister Corporation is a manufacturer that uses work order costing. The company charges any over-applied or under-applied overheads to the Cost of Goods Sold at the end of the year. The company provided the following data for the newly completed year: 

Estimated total production overhead at the beginning of the year $624,000 

Estimated direct labor-hours at the beginning of the year 39,000 direct labor-hours

 Results of operations: 

Actual direct labor-hours 36,000 direct labor-hours 

Production Overhead: Indirect labor cost $131,000 

Other manufacturing overhead costs $543,000

Calculate total amount of general production expenses applied to production.

Answer rating: 100% (QA)

Calculation of predetermined overhead rate Given that Estimated manufacturing overhead 624000 Esti... View the full answer