Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Davie, Inc. used estimated direct labor hours of 245,000 and estimated manufacturing overhead costs of $1,100,000 in establishing its predetermined overhead allocation rate for the
Davie, Inc. used estimated direct labor hours of 245,000 and estimated manufacturing overhead costs of $1,100,000 in establishing its predetermined overhead allocation rate for the year. Actual results showed the following:
Actual manufacturing overhead | $700,000 |
Allocated manufacturing overhead | $850,000 |
What was the number of direct labor hours worked during the year? (Round any intermediate calculations to two decimal places, and your final answer to the nearest whole number.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started