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Dinosaur Manufacturing Limited uses a single plant wide overhead recovery rate based on Direct Labour Hours (DLHs). Budgeted direct labour hours for 2021 were 75,000.
Dinosaur Manufacturing Limited uses a single plant wide overhead recovery rate based on Direct Labour Hours (DLHs). Budgeted direct labour hours for 2021 were 75,000. Actual overheads were 267,500, a 5,000 adverse variance relative to budget. Actual DLHs were 74,000. Was overhead over or under-applied for 2021 and by how much
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Financial & Managerial Accounting
Authors: Jan Williams
16th Edition
78111048, 978-0078111044
