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Company had the following information for the year 117,300 Direct materials used Direct labor incurred (5,700 hours) Actual manufacturing overhead incurred 153,100 166,100 Company used
Company had the following information for the year 117,300 Direct materials used Direct labor incurred (5,700 hours) Actual manufacturing overhead incurred 153,100 166,100 Company used a predetermined overhead rate of $37 per direct labor hour for the year and estimated that direct labor hours would total 6,270 hours Assume the only inventory balance is an ending Work in Process balance of $17,300. How much overhead was applied during the year?
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