Question
The following information relates to 13-17. Evan's Fake Names (DFK) manufacturers name signs. DFK utilizes a traditional costing system, and their operation could be described
The following information relates to 13-17.
Evan's Fake Names (DFK) manufacturers name signs. DFK utilizes a traditional costing system, and their operation could be described as machine-intensive. The following chart summarizes estimated and actual amounts that occurred during DFK's production cycle:
| Estimated, Jan 1 | Actual, Dec 31 | |
| Manufacturing overhead | $214,000 | $198,000 |
| Machine hours | 28,000 | 28,400 |
| Units produced | 120,000 | 190,000 |
| Direct labor hours | 16,000 | 18,200 |
If the POHR is 7.64, What is the applied manufacturing overhead for the period? What is the manufaturing overhead variance? Please round your answer to nearest whole dollar. Do not use the "$" sign.
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Audit Quality And Financial Statements Fraud Detection
Authors: Asma Al-znaimat, Mohammad Al- Dahiyat
1st Edition
3659537888, 978-3659537882
