Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $245,100 and 10100 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $245,600 and actual direct labor-hours were 6,400. The applied manufacturing overhead for the year was closest to: (Round your Intermediate calculetions to 2 decimal places.) Multiple Choice $320.576 $155.328 $245.632 $155,648

Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $245,100 and 10100 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $245,600 and actual direct labor-hours were 6,400. The applied manufacturing overhead for the year was closest to: (Round your Intermediate calculetions to 2 decimal places.) Multiple Choice $320.576 $155.328 $245.632 $155,648

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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