Question
Samoa Enterprises uses a predetermined overhead rate of $23.5 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $155,000 of
Samoa Enterprises uses a predetermined overhead rate of $23.5 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $155,000 of total manufacturing overhead for an estimated activity level of 6,300 direct labor-hours.The company incurred actual total manufacturing overhead costs of $160,000 and 7,000 total direct labor-hours during the period.
According to the above data, choose the right answer for the following cases
First case:Manufacturing overhead applied
Second case:Manufacturing overhead
Third case:Manufacturing overhead
Fourth case:the cost of goods sold would
Fifthcase:the gross margin would ...
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