Question
At the beginning of the year, Yellow Co. estimated the following: Overhead$855,000 Direct labor hours 95,000 hours Yellow applies overhead on the basis of direct
At the beginning of the year, Yellow Co. estimated the following:
Overhead$855,000
Direct labor hours 95,000 hours
Yellow applies overhead on the basis of direct labor hours.
Actual labor hours for the month of January were 7500 hours. Actual overhead cost for January was $70,000.
How much overhead was applied to production in January?
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Managerial Accounting
Authors: John J Wild, Ken W. Shaw, Barbara Chiappetta
7th edition
1260482936, 978-1260482935
