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Exercise 2 - 2 ( Algo ) Apply Overhead Cost to Jobs [ LO 2 - 2 ] Luthan Company uses a plantwide predetermined overhead
Exercise Algo Apply Overhead Cost to Jobs LO Luthan Company uses a plantwide predetermined overhead rate of $ per direct laborhour. This predetermined rate was based on a cost formula that estimated $ of total manufacturing overhead cost for an estimated activity level of direct laborhours. The company incurred actual total manufacturing overhead cost of $ and total direct laborhours during the period. Required: Determine the amount of manufacturing overhead cost that would have been applied to all jobs during the period. Manufacturing overhead applied
Exercise Algo Apply Overhead Cost to Jobs LO
Luthan Company uses a plantwide predetermined overhead rate of $ per direct laborhour. This predetermined rate was based on a cost formula that estimated $ of total manufacturing overhead cost for an estimated activity level of direct laborhours.
The company incurred actual total manufacturing overhead cost of $ and total direct laborhours during the period.
Required:
Determine the amount of manufacturing overhead cost that would have been applied to all jobs during the period.
Manufacturing overhead applied
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