Family Fun Time, Inc. makes board games. The following data pertains to the last six months: Manufacturing Overhead Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Direct Labor Hours 45,000 68,000 57,000 52,000 34,000 30,000 $295,000 $318,000 $323,000 $247,250 OA. $165,500 O B. $220,320 OC. $233,960 O D. Cannot be determined from information given. $178,200 $163,500 Based on this data, what would the estimated manufacturing overhead be at a level of 44,000 direct labor hours? (Round intermediary calculations to the nearest cent. Use the "high" data month to calculate your final answer. Do not use the "low" month, as it will result in an approximation of the cost.)
Family Fun Time, Inc. makes board games. The following data pertains to the last six months: Manufacturing Overhead Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Direct Labor Hours 45,000 68,000 57,000 52,000 34,000 30,000 $295,000 $318,000 $323,000 $247,250 OA. $165,500 O B. $220,320 OC. $233,960 O D. Cannot be determined from information given. $178,200 $163,500 Based on this data, what would the estimated manufacturing overhead be at a level of 44,000 direct labor hours? (Round intermediary calculations to the nearest cent. Use the "high" data month to calculate your final answer. Do not use the "low" month, as it will result in an approximation of the cost.)
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 7EB: A company estimates its manufacturing overhead will be $840,000 for the next year. What is the...
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