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The estimated factory overhead cost for a Co. is $3,500,000 for the year. Direct labor hours are estimated to be 1,000,000. Determine: SHOW ALL WORK
The estimated factory overhead cost for a Co. is $3,500,000 for the year. Direct labor hours are estimated to be 1,000,000. Determine: SHOW ALL WORK ON HOW YOU ARRVED AT YOUR ANSWERS a. Predetermined factory overhead rate using direct labor hours as the activity base. b. Determine the total factory overhead applied assuming the actual direct labor hours for Job 50 was 40,000 and for Job 51 was 48,000 . s c. Prepare the joumal entry to apply factory overhead for both jobs according to the predetermined factory overhead rate. d. Assuming the total actual factory overhead cost was $296,000 and using part " c " above, what is the difference in the total factory overhead
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