Question
Estimated Direct Labor Hours 530,000 Estimated Direct Labor Dollars $1,250,000 Estimated Factory Hours $874,500 Actual Direct Labor Hours 565,000 Actual Direct Labor Dollars $1,375,000 Actual
| Estimated Direct Labor Hours | 530,000 |
| Estimated Direct Labor Dollars | $1,250,000 |
| Estimated Factory Hours | $874,500 |
| Actual Direct Labor Hours | 565,000 |
| Actual Direct Labor Dollars | $1,375,000 |
| Actual Factory Overhead Costs | $980,000 |
The Company's applies overhead to products based on Direct Labor Hours.
A) calculate the predetermined Factory overhead rate based on Direct Labor Hours.
B) Use the predetermined overhead rate to apply overhead to products.
C) Calculate the over/underapplied overhead.
T accounts
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Introduction To Business Statistics
Authors: Ronald M. Weiers
7th Edition
978-0538452175, 538452196, 053845217X, 2900538452198, 978-1111524081
