estimate of the total direct labor-hours for the year is 440,000 hours.

How about cutting that to about 420,000 hours?

The production manager says will need about 440,000 direct labor-hours to meet the sales projections for the year.

going to be over 430,000 direct labor-hours during the current year

sales are projected to be higher next year.

possible reduction of direct labor-hours in the base to some- thing like 420,000 hours. shaving 5% or so off the estimated direct labor-hours every year.

Assume the following information:

Direct Materials $40 per unit

Direct Labor $20 per unit

Total Estimated Manufacturing Overhead $8,400,000

Manufacturing overhead is allocated based on estimated direct-labor hours.

Each unit of product requires 1 direct labor hour.

1.Calculate the cost of one unit of product, assuming that the overhead per unit is based on Terri Ronson's estimate of 440,000 hours. (Round all dollar figures to two decimal places.)

a.If 442,000 units were produced, how much overhead was applied to work in process.

How would I do this