Question
1. The following information has been gathered for the Georgia Manufacturing Company for its fiscal year ending december 31: Actual Manufacturing over head costs 223,000
1. The following information has been gathered for the Georgia Manufacturing Company for its fiscal year ending december 31:
Actual Manufacturing over head costs 223,000
actual direct labor hours 66,000
actual direct labor costs 456,000
estimated manufacturing overhead costs 225,000
estimated direct labor 445,000
estimated direct labor hours 62,000
what is the predetermined manufacturing overhead rate per direct labor hour?
3. The following information has been gathered for the Harrell Manufacturing Company for its fiscal year ending december 31:
Actual Manufacturing over head costs 223,000
actual direct labor hours 66,000
actual direct labor costs 456,000
estimated manufacturing overhead costs 225,000
estimated direct labor 445,000
estimated direct labor hours 62,000
what is the predetermined manufacturing overhead rate, assuming direct labor cost is used as the activity base?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started