Davis Manufacturing applied overhead of $65,000 and incurred an actual overhead of $79,000 for the month of October. Overhead is applied based on direct labor hours, which equalled 13,000 hours in October. Overhead for the year was estimated to be $780,000. How many direct labor hours were estimated for the year? a. 162,000 b. 156,000 c. $5 d. 140,000 e. $6

Davis Manufacturing applied overhead of $65,000 and incurred an actual overhead of $79,000 for the month of October. Overhead is applied based on direct labor hours, which equalled 13,000 hours in October. Overhead for the year was estimated to be $780,000. How many direct labor hours were estimated for the year? a. 162,000 b. 156,000 c. $5 d. 140,000 e. $6

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 8PA: Coops Stoops estimated its annual overhead to be $85,000 and based its predetermined overhead rate...

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