Darkside Company gathered the following information for the year ended December 31: Direct labor cost incurred for the year Estimated manufacturing overhead costs Estimated direct labor cost Work in process inventory, Dec. 31 Finished goods inventory, Dec. 31 Cost of goods sold Estimated direct labor hours $180,800 $264,100 $212,100 $51,900 $63,600 $141,600 260,200 What would the predetermined manufacturing overhead rate for the year be using direct labor cost as the allocation base? OA. 117% of direct labor cost OB. 101% of direct labor cost OC. 125% of direct labor cost OD. 85% of direct labor cost
Darkside Company gathered the following information for the year ended December 31: Direct labor cost incurred for the year Estimated manufacturing overhead costs Estimated direct labor cost Work in process inventory, Dec. 31 Finished goods inventory, Dec. 31 Cost of goods sold Estimated direct labor hours $180,800 $264,100 $212,100 $51,900 $63,600 $141,600 260,200 What would the predetermined manufacturing overhead rate for the year be using direct labor cost as the allocation base? OA. 117% of direct labor cost OB. 101% of direct labor cost OC. 125% of direct labor cost OD. 85% of direct labor cost
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter1: Introduction To Managerial Accounting
Section: Chapter Questions
Problem 17E: Cost flow relationships The following information is available for the first month of operations of...
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