Clinton Manufacturing uses a predetermined overhead allocation rate based on direct labor costs. The following are the details of production during the year: Total manufacturing overhead costs estimated at the beginning of the year $150,000 Total direct labor costs estimated at the beginning of the year $350,000 Total direct labor hours estimated at the beginning of the year 11,000 direct labor hours Actual manufacturing overhead costs for the year $160,000 Actual direct labor costs for the year $360,000 Actual direct labor hours for the year 12,400 direct labor hours. Calculate the amount of manufacturing overhead costs allocated to production. (Round any percentages to two decimal places and your final answer to the nearest dollar.) A. $160,000 B. $164,571 C. $150,000 D. $154,296

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 4E: The cost accountant for River Rock Beverage Co. estimated that total factory overhead cost for the...
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Clinton Manufacturing uses a predetermined overhead allocation rate based on
direct labor costs. The following are the details of production during the year:
Total manufacturing overhead costs estimated at the beginning of the year
$150,000
Total direct labor costs estimated at the beginning of the year $350,000
Total direct labor hours estimated at the beginning of the year 11,000 direct labor
hours
Actual manufacturing overhead costs for the year $160,000
Actual direct labor costs for the year $360,000
Actual direct labor hours for the year 12,400 direct labor hours.
Calculate the amount of manufacturing overhead costs allocated to production.
(Round any percentages to two decimal places and your final answer to the nearest
dollar.)
A. $160,000
B. $164,571
C. $150,000
D. $154,296
Transcribed Image Text:Clinton Manufacturing uses a predetermined overhead allocation rate based on direct labor costs. The following are the details of production during the year: Total manufacturing overhead costs estimated at the beginning of the year $150,000 Total direct labor costs estimated at the beginning of the year $350,000 Total direct labor hours estimated at the beginning of the year 11,000 direct labor hours Actual manufacturing overhead costs for the year $160,000 Actual direct labor costs for the year $360,000 Actual direct labor hours for the year 12,400 direct labor hours. Calculate the amount of manufacturing overhead costs allocated to production. (Round any percentages to two decimal places and your final answer to the nearest dollar.) A. $160,000 B. $164,571 C. $150,000 D. $154,296
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