Question: Capitol, Inc. estimated that direct labor for the year would be 117,000 hours. Capitol's overhead (all fixed) is applied on the basis of direct labor-hours.

Capitol, Inc. estimated that direct labor for the year would be 117,000 hours. Capitol's overhead (all fixed) is applied on the basis of direct labor-hours. The company estimates its overhead costs at $702,000. During the year, all overhead costs were exactly as planned ($702,000). There was $11,700 in under applied overhead.

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How many direct labor-hours were worked during the period? Show computations.

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