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Drill 1: Ogar Donut Store allocates its manufacturing overhead based on estimated direct labor hours. The store expects its MOH to be $125,000 for the month with 3,125 hours worked. At the end of the month, direct labor hours totaled to 3,300 hours. Problem: 1. Determine the pre-determined allocation rate. 2. Apply the overhead rate to get manufacturing overhead for the month.

Drill 1: Ogar Donut Store allocates its manufacturing overhead based on estimated direct labor hours. The store expects its MOH to be $125,000 for the month with 3,125 hours worked. At the end of the month, direct labor hours totaled to 3,300 hours. Problem: 1. Determine the pre-determined allocation rate. 2. Apply the overhead rate to get manufacturing overhead for the month.

FINANCIAL ACCOUNTING
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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Drill 1: Ogar Donut Store allocates its manufacturing overhead based on estimated direct labor hours. The store expects its MOH to be $125,000 for the month with 3,125 hours worked. At the end of the month, direct labor hours totaled to 3,300 hours. Problem: 1. Determine the pre-determined allocation rate. 2. Apply the overhead rate to get manufacturing overhead for the month. мон 125,000 40 37-88 132,000 118375
Transcribed Image Text:Drill 1: Ogar Donut Store allocates its manufacturing overhead based on estimated direct labor hours. The store expects its MOH to be $125,000 for the month with 3,125 hours worked. At the end of the month, direct labor hours totaled to 3,300 hours. Problem: 1. Determine the pre-determined allocation rate. 2. Apply the overhead rate to get manufacturing overhead for the month. мон 125,000 40 37-88 132,000 118375
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