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Horvath Company uses normal costing and applies overhead on the basis of direct labor hours. The company had the following financial information.... End of Year
Horvath Company uses normal costing and applies overhead on the basis of direct labor hours. The company had the following financial information....
End of Year Actuals | |
Overhead | $472,214 |
Direct Labor Hours | 64,066 |
For the month of March, direct labor hours were 7,631. The predetermined overhead rate was $ 8 For the year, the unadjusted Cost of Goods Sold was $707,894. For the year, calculate the adjusted Cost of Goods Sold after adjusting for the overhead variance.
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