Dunhill Fabrication reported actual overhead incurred of $140,000. The company applied overhead using a predetermined rate of $10 per direct labor-hour. The account showed under applied overhead of $5,000. How many labor-hours were worked during the year?

Dunhill Fabrication reported actual overhead incurred of $140,000. The company applied overhead using a predetermined rate of $10 per direct labor-hour. The account showed under applied overhead of $5,000. How many labor-hours were worked during the year?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 3EA: A company estimated 100,000 direct labor hours and $800,000 in overhead. The actual overhead was...

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I need help with this general accounting question using standard accounting techniques.

Dunhill Fabrication reported actual overhead incurred of $140,000. The
company applied overhead using a predetermined rate of $10 per direct
labor-hour. The account showed under applied overhead of $5,000.
How many labor-hours were worked during the year?

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