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Question no 2: The William corporations' manufacturers wagons and has the following budgeted data for year 2020. Estimated direct materials: $ 400,000 Estimated direct labor:
Question no 2: The William corporations' manufacturers wagons and has the following budgeted data for year 2020. Estimated direct materials: $ 400,000 Estimated direct labor: $200,000 Estimated Total Overhead: $ 100,000 Estimated direct labor hours: 8,000 a) Calculate the overhead cost applied per direct labor hour b) Calculate the overhead applied if 8,400 actual direct labor hours are used during 2020. c) Calculate the total cost if the actual direct materials totaled $380,000 and the actual direct labor totaled $ 202,000 in 2020
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