Question
The following information has been gathered for the Harrell Manufacturing Company for its fiscal year ending December 31: Actual manufacturing overhead costs$212,500 Actual direct labor
The following information has been gathered for the Harrell Manufacturing Company for its fiscal year ending December 31:
Actual manufacturing overhead costs$212,500
Actual direct labor hours54,900
Actual direct labor costs$445,000
Estimated manufacturing overhead costs$210,000
Estimated direct labor$434,000
Estimated direct labor hours56,000
What is the predetermined manufacturing overhead rate, assuming direct labor cost is used as the activity base?
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
13th Edition
9780470374948, 470423684, 470374942, 978-0470423684
