assume (1) estimated fixed manufacturing overhead for the coming period of $244,000, (2) estimated variable manufacturing overhead of $2.00 per direct labor hour, (3) actual manufacturing overhead for the period of $320,000, (4) actual direct labor-hours worked of 54,000 hours, and (5) estimated direct labor-hours to be worked in the coming period of 55,000 hours. The amount of overhead applied to production during the period is closest to: (Round your intermediate value of "Predetermined overhead rate" to two decimal places.) Multiple Choice $325,926. $360,644. $354,000. $347,760.
assume (1) estimated fixed manufacturing overhead for the coming period of $244,000, (2) estimated variable manufacturing overhead of $2.00 per direct labor hour, (3) actual manufacturing overhead for the period of $320,000, (4) actual direct labor-hours worked of 54,000 hours, and (5) estimated direct labor-hours to be worked in the coming period of 55,000 hours. The amount of overhead applied to production during the period is closest to: (Round your intermediate value of "Predetermined overhead rate" to two decimal places.) Multiple Choice $325,926. $360,644. $354,000. $347,760.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:assume (1) estimated fixed manufacturing
overhead for the coming period of $244,000,
(2) estimated variable manufacturing
overhead of $2.00 per direct labor hour, (3)
actual manufacturing overhead for the period
of $320,000, (4) actual direct labor-hours
worked of 54,000 hours, and (5) estimated
direct labor-hours to be worked in the coming
period of 55,000 hours. The amount of
overhead applied to production during the
period is closest to: (Round your intermediate
value of "Predetermined overhead rate" to
two decimal places.) Multiple Choice
$325,926. $360,644. $354,000. $347,760.
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