Question
Woodman Company uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Estimated and actual data for labor and manufacturing
Woodman Company uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Estimated and actual data for labor and manufacturing overhead for last year are as follows.
|
| Estimated | Actual |
| Direct labor-hours | 600,000 | 550,000 |
| Manufacturing overhead | $720,000 | $680,000 |
The manufacturing overhead for Woodman Company for last year was:
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Auditing Business Continuity Global Best Practices
Authors: Rolf Von Roessing
1st Edition
1931332150, 978-1931332156
