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Dawson Industries uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $412,500. At the end of the year, actual direct labor-hours for the year were 26,500 hours, manufacturing overhead for the year was overapplied by $9,700, and the actual manufacturing overhead was $406,300. Calculate the predetermined overhead rate for the year. Need help

Dawson Industries uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $412,500. At the end of the year, actual direct labor-hours for the year were 26,500 hours, manufacturing overhead for the year was overapplied by $9,700, and the actual manufacturing overhead was $406,300. Calculate the predetermined overhead rate for the year. Need help

Managerial Accounting
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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Dawson Industries uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $412,500. At the end of the year, actual direct labor-hours for the year were 26,500 hours, manufacturing overhead for the year was overapplied by $9,700, and the actual manufacturing overhead was $406,300. Calculate the predetermined overhead rate for the year. Need help

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