Vaughn Manufacturing provided the following information from its accounting records for $2019$:

Expected production $80000$ labor hours

Actual production $66000$ labor hours

Budgeted overhead $$1600000$

Actual overhead $$1540000$

How much is the overhead application rate if Vaughn Manufacturing bases it on direct labor hours?

 

Answer rating: 100% (QA)

To calculate the overhead application rate based on direct labor hours you can use the formula Ove... View the full answer