Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
Green Company computes its predetermined overhead rate on the basis of direct labor hours. Estimated direct labor hours at the beginning of the year are
Green Company computes its predetermined overhead rate on the basis of direct labor hours. Estimated direct labor hours at the beginning of the year are 15.000 and atual direct labor hours at the end of the year are 13,000. Estimated total manufacturing overhead costs at the beginning of the year are $375.000 and actual total manufacturing overhead costs at the end of the year are $400.000. The predetermined overhead rate for Green Company would be: $28.85 per direct labor hour s30.77 per direct labor hour $25 per direct labor hour $26.67 per direct labor hour ( QUESTION 8 Luke Company uses a predetermined overhead rate of $25 per machine hour. Estimated machine hours at the beginning of the year were 1,000 and actual machine hours at the end of the year were 1,200. Estimated total manufacturing overhead costs at the beginning of the year are $25,000 and actual total manufacturing overhead costs at the end of the year are $26,000. What is the amount of manufacturing overhead that would have been applied to all jobs during the year? 30,000 $21,667 31,200 $25,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started