A company estimated 129,830 direct labor hours and $756,126 in overhead. The actual overhead was $747,083, and there were 170,422 direct labor hours. What is the total applied overhead? Round to the nearest penny, two decimal places.
A company estimated 129,830 direct labor hours and $756,126 in overhead. The actual overhead was $747,083, and there were 170,422 direct labor hours. What is the total applied overhead? Round to the nearest penny, two decimal places.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:A company estimated 129,830 direct labor hours and $756,126 in overhead. The actual overhead was
$747,083, and there were 170,422 direct labor hours. What is the total applied overhead? Round to
the nearest penny, two decimal places.
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