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Can anyone help me solve this question, stumped on it, assistance would be much appreciated! Riley Company estimates the company wil incur 5102,900 in overhead
Can anyone help me solve this question, stumped on it, assistance would be much appreciated!
Riley Company estimates the company wil incur 5102,900 in overhead coats and 4,900 direct labor hours during the year. Actual drect lasoe hours were 4,490 . Calculate the preceiniritined overhead allocation rate using direct labor hours as the alocasion base, and prepare the journal entry for the allocation of overtiead. Calculate the predetemined overhead allocation rate. Fit in the tabois and oomplote the formula bolow. Cost of goods manufactured Total actual direct labor hours Total estimated direct labor hours Total estimated overhead costs Step by Step Solution
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