Question
During 2014, Jackson Company estimated that its manufacturing employees would work 81,000 direct labor hours. During the year the company actually used 74,500 direct labor
During 2014, Jackson Company estimated that its manufacturing employees would work 81,000 direct labor hours. During the year the company actually used 74,500 direct labor hours. Actual manufacturing overhead costs amounted to $345,000. Jackson applies overhead cost on the basis of direct labor hours. The manufacturing overhead account was overapplied by $16,325 during 2014. Based on this information the predetermined overhead rate was:
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The Iso 9000 Auditors Companion
Authors: Kent A. Keeney
1st Edition
0873893247, 978-0873893244
