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28. A review of the company's accounting records for the year just ended discovered the following: Underapplied manufacturing overhead: $14,400 Actual manufacturing overhead costs: $784,000 Budgeted labor hours: 100,000 The company uses a predetermined overhead rate of $8 per direct labor hour. The actual labor hours worked totaled: А. 96,200. В. 98,200. C. 99,800. D. 101,800. E. cannot be determined based on the information presented.

28. A review of the company's accounting records for the year just ended discovered the following: Underapplied manufacturing overhead: $14,400 Actual manufacturing overhead costs: $784,000 Budgeted labor hours: 100,000 The company uses a predetermined overhead rate of $8 per direct labor hour. The actual labor hours worked totaled: А. 96,200. В. 98,200. C. 99,800. D. 101,800. E. cannot be determined based on the information presented.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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28. A review of the company's accounting records for the year just ended discovered the following: Underapplied manufacturing overhead: $14,400 Actual manufacturing overhead costs: $784,000 Budgeted labor hours: 100,000 The company uses a predetermined overhead rate of $8 per direct labor hour. The actual labor hours worked totaled: А. 96,200. В. 98,200. C. 99,800. D. 101,800. E. cannot be determined based on the information presented.
Transcribed Image Text:28. A review of the company's accounting records for the year just ended discovered the following: Underapplied manufacturing overhead: $14,400 Actual manufacturing overhead costs: $784,000 Budgeted labor hours: 100,000 The company uses a predetermined overhead rate of $8 per direct labor hour. The actual labor hours worked totaled: А. 96,200. В. 98,200. C. 99,800. D. 101,800. E. cannot be determined based on the information presented.
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