Midwest Corporation has provided the following data on manufacturing overhead for 2020 Estimated manufacturing overhead for the year ps 30,000 Estimated direct labor hours for the year 2,000 During the year, two works were worked on Work A 101 and Work A 102 The number of direct labor hours spent o...

To calculate the default manufacturing overhead rate per dir ...

Midwest Corporation has provided the following data on manufacturing overhead for 2020: Estimated manufacturing overhead for the

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Midwest Corporation has provided the following data on manufacturing overhead for 2020:


Estimated manufacturing overhead for the year	ps	30,000
Estimated direct labor hours for the year		2,000

During the year, two works were worked on: Work A-101 and Work A-102.

The number of direct labor hours spent on Job A-101 and Job A-102 were 1,200 and 1,000, respectively.

Actual manufacturing overhead was $37,000.

What is the default manufacturing overhead rate per direct labor hour for the year?

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Managerial Accounting

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Authors: Ray Garrison, Eric Noreen, Peter Brewer

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Posted Date: May 25, 2023 03:37 AM

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