Question
Sharp Corporation reported the following information for the current year: Estimated manufacturing overhead cost $300,000 Actual manufacturing overhead cost $280,000 Estimated direct labor cost $500,000
Sharp Corporation reported the following information for the current year:
| Estimated manufacturing overhead cost | $300,000 |
| Actual manufacturing overhead cost | $280,000 |
| Estimated direct labor cost | $500,000 |
| Actual direct labor cost | $520,000 |
Overhead is applied to products based on direct labor cost. Sharps predetermined overhead rate is:
| 166.7% |
| 53.8% |
| 60.0% |
| 185.7% |
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HR Audit Audit Your Most Precious Resources
Authors: DR. SIBRAM NISONKO
1st Edition
197357120X, 978-1973571209
