On January 1, 2017, a company estimated that during 2017 it would spend $99,400 for factory overhead
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On January 1, 2017, a company estimated that during 2017 it would spend $99,400 for factory overhead and it was also estimated that during 2017 the employees who worked on the assembly line would be paid $ 142,000. During 2017, the company actually paid $100,000 for factory overhead and the employees who worked on the assembly line were actually paid $150,000. During 2017, the direct labor cost for job #123 was $3,000. How much overhead should be applied to job #123 ?The company applies overhead based on direct labor COSTS
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-1259569197
8th edition
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Olds
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