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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 underapplied overhead. Required: How many direct labor-hours were worked during the period? Direct labor hours
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