Archangel Manufacturing calculated a predetermined overhead allocation rate at the beginning of the year based on direct labor costs. The production details for the year are given below: Total manufacturing overhead costs estimated at the beginning of the year Total direct labor costs estimated at the beginning of the year Total direct labor hours estimated at the beginning of the year Actual manufacturing overhead costs for the year Actual direct labor costs for the year Actual direct labor hours for the year 11,000 di 10,000 di Calculate the manufacturing overhead allocation rate for the year based on the above data (Round your final answer to two decimal places.) A. 28.00% B. 11.43% OC. 43.75% OD. 264.29% ufacturing calculated a predetermined overhead allocation rate at the beginning of the year based costs. The production details for the year are given below: uring overhead costs estimated at the beginning of the year or costs estimated at the beginning of the year or hours estimated at the beginning of the year cturing overhead costs for the year bor costs for the year bor hours for the year $140,000 $320,000 11,000 direct labor hours $160,000 $370,000 10,000 direct labor hours manufacturing overhead allocation rate for the year based on the above data. (Round your final decimal places.) A. 28.00% B. 11.43% OC. 43.75% OD. 264.29%
Archangel Manufacturing calculated a predetermined overhead allocation rate at the beginning of the year based on direct labor costs. The production details for the year are given below: Total manufacturing overhead costs estimated at the beginning of the year Total direct labor costs estimated at the beginning of the year Total direct labor hours estimated at the beginning of the year Actual manufacturing overhead costs for the year Actual direct labor costs for the year Actual direct labor hours for the year 11,000 di 10,000 di Calculate the manufacturing overhead allocation rate for the year based on the above data (Round your final answer to two decimal places.) A. 28.00% B. 11.43% OC. 43.75% OD. 264.29% ufacturing calculated a predetermined overhead allocation rate at the beginning of the year based costs. The production details for the year are given below: uring overhead costs estimated at the beginning of the year or costs estimated at the beginning of the year or hours estimated at the beginning of the year cturing overhead costs for the year bor costs for the year bor hours for the year $140,000 $320,000 11,000 direct labor hours $160,000 $370,000 10,000 direct labor hours manufacturing overhead allocation rate for the year based on the above data. (Round your final decimal places.) A. 28.00% B. 11.43% OC. 43.75% OD. 264.29%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Archangel Manufacturing calculated a predetermined overhead allocation rate at the beginning of the year based
on direct labor costs. The production details for the year are given below:
Total manufacturing overhead costs estimated at the beginning of the year
Total direct labor costs estimated at the beginning of the year
Total direct labor hours estimated at the beginning of the year
Actual manufacturing overhead costs for the year
Actual direct labor costs for the year
Actual direct labor hours for the year
11,000 di
10,000 di
Calculate the manufacturing overhead allocation rate for the year based on the above data (Round your final
answer to two decimal places.)
A. 28.00%
B. 11.43%
OC. 43.75%
OD. 264.29%
Transcribed Image Text:ufacturing calculated a predetermined overhead allocation rate at the beginning of the year based
costs. The production details for the year are given below:
uring overhead costs estimated at the beginning of the year
or costs estimated at the beginning of the year
or hours estimated at the beginning of the year
cturing overhead costs for the year
bor costs for the year
bor hours for the year
$140,000
$320,000
11,000 direct labor hours
$160,000
$370,000
10,000 direct labor hours
manufacturing overhead allocation rate for the year based on the above data. (Round your final
decimal places.)
A. 28.00%
B. 11.43%
OC. 43.75%
OD. 264.29%
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