Question
Carey Company applies manufacturing overhead costs to products as a percentage of direct labor dollars. Estimated and actual values of manufacturing overhead and direct labor
Carey Company applies manufacturing overhead costs to products as a percentage of direct labor dollars. Estimated and actual values of manufacturing overhead and direct labor costs are summarized here:
| Estimated | Actual | |
|---|---|---|
| Direct labor cost | $ 310,000 | $ 260,000 |
| Manufacturing overhead | 598,300 | 523,300 |
Required:
Compute the predetermined overhead rate.
Predetermined Overhead Rate %
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Management Accounting
Authors: John Burns, Martin Quinn, Liz Warren, João Oliveira
1st Edition
0077121619, 978-0077121617
