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Problem 7-50 (Algo) Estimate Direct Labor Costs from Overhead Data (LO 7-2) Kenmore Fabrication estimated that direct lobor cost for the year would be $648,800.

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Problem 7-50 (Algo) Estimate Direct Labor Costs from Overhead Data (LO 7-2) Kenmore Fabrication estimated that direct lobor cost for the year would be $648,800. The company also estimated that fixed overhead would be $486,600 and variable overheod would be 35 percent of direct labor cost. Kenmore applies its overhead on the basis of direct labor cost. During the year, all fixed overhead costs were exactly as planned ($486,600) and variable overhead was also incurred as expected. There was $31.650 in underopplled overhead. Required: How much did Kenmore spend on direct labor cost during the period

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