Question

At the beginning of the year, manufacturing overhead for the year was estimated to be $702,540....

At the beginning of the year, manufacturing overhead for the year was estimated to be $702,540. At the end of the year, actual direct labor-hours for the year were 33,100 hours, the actual manufacturing overhead for the year was $697,450, and manufacturing overhead for the year was overapplied by $40,680. If the predetermined overhead rate is based on direct labor-hours, then the estimated direct labor-hours at the beginning of the year used in the predetermined overhead rate must have been:

31,500 direct labor-hours

29,452 direct labor-hours

31,504 direct labor-hours

33,100 direct labor-hours
Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
At the beginning of the year, manufacturing overhead for the year was estimated to be $859,200....
At the beginning of the year, manufacturing overhead for the year was estimated to be $859,200. At the end of the year, actual direct labor-hours for the year were 36,300 hours, the actual manufacturing overhead for the year was $830,000, and manufacturing overhead for the year was overapplied by $41,200. If the predetermined overhead rate is based on direct labor-hours, then the estimated direct labor-hours at the beginning of the year used in the predetermined overhead rate must have been:...
At the beginning of the year, manufacturing overhead for the year was estimated to be $1,033,125....
At the beginning of the year, manufacturing overhead for the year was estimated to be $1,033,125. At the end of the year, actual direct labor-hours for the year were 36,390 hours, the actual manufacturing overhead for the year was $972,000, and manufacturing overhead for the year was overapplied by $65,115. If the predetermined overhead rate is based on direct labor-hours, then the estimated direct labor-hours at the beginning of the year used in the predetermined overhead rate must have been:...
At the beginning of the year, manufacturing overhead for the year was estimated to be $764,325....
At the beginning of the year, manufacturing overhead for the year was estimated to be $764,325. At the end of the year, actual direct labor-hours for the year were 36,250 hours, the actual manufacturing overhead for the year was $740,000, and manufacturing overhead for the year was overapplied by $39,375. If the predetermined overhead rate is based on direct labor-hours, then the estimated direct labor-hours at the beginning of the year used in the predetermined overhead rate must have been:...
At the beginning of the year, manufacturing overhead for the year was estimated to be $897,500....
At the beginning of the year, manufacturing overhead for the year was estimated to be $897,500. At the end of the year, actual direct labor-hours for the year were 36,320 hours, the actual manufacturing overhead for the year was $860,000, and manufacturing overhead for the year was overapplied by $48,000. If the predetermined overhead rate is based on direct labor-hours, then the estimated direct labor-hours at the beginning of the year used in the predetermined overhead rate must have been:...
. At the beginning of the year, Corp.'s manufacturing overhead for the year was estimated to...
. At the beginning of the year, Corp.'s manufacturing overhead for the year was estimated to be $936,000. At the end of the year, actual direct labor-hours for the year were 36,340 hours, the actual manufacturing overhead for the year was $890,000, and manufacturing overhead for the year was overapplied by $54,840. If the predetermined overhead rate is based on direct labor-hours, then the estimated direct labor-hours at the beginning of the year used in the predetermined overhead rate must...
At the beginning of the year, manufacturing overhead for the year was estimated to be $630,000....
At the beginning of the year, manufacturing overhead for the year was estimated to be $630,000. At the end of the year, actual direct labour-hours for the year were 35,900 hours, the actual manufacturing overhead for the year was $623,100, and manufacturing overhead for the year was over applied by $23,100. If the predetermined overhead rate is based on direct labour-hours, then the estimated direct labour hours at the beginning of the year used in the predetermined overhead rate must...
Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year,...
Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 21,800 hours and the total estimated manufacturing overhead was $497,040. At the end of the year, actual direct labor-hours for the year were 21,500 hours and the actual manufacturing overhead for the year was $492,040. Overhead at the end of the year was: $1,840 underapplied $6,840 overapplied $6,840 underapplied $1,840 overapplied
At the beginning of the current year, Garber Corporation estimated that its manufacturing overhead would be...
At the beginning of the current year, Garber Corporation estimated that its manufacturing overhead would be $576,000 and the activity level would be 28,000 machine-hours. The level of activity at capacity is 40,000 machine-hours. The actual manufacturing overhead for the year was $503,700 and the actual level of activity was 28,100 machine-hours.     123. Assume for the purposes of this question only that the actual manufacturing overhead for the year was $551,000 and was entirely fixed. If the company bases...
Junior Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the...
Junior Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $240,600 and 5,600 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $242,600 and actual direct labor-hours were 4,900. The overhead for the year was: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $32,096 overapplied $30,096 overapplied $32,096 underapplied $30,096 underapplied
Dagger Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year,...
Dagger Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $240,850. At the end of the year, actual direct labor-hours for the year were 15,300 hours, manufacturing overhead for the year was underapplied by $15,000, and the actual manufacturing overhead was $236,850. The predetermined overhead rate for the year must have been closest to: $14.50 $15.44 $13.63 $15.16
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT