For Sheridan Company, the predetermined overhead rate is 125% of direct labor cost. During the month, Sheridan incurred $104,000 of factory labor costs, of which $80,500 is direct labor and $23,500 is indirect labor. Actual overhead incurred was $105,225. (a1) Compute the amount of manufacturing overhead applied during the month. Manufacturing overhead applied $

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Chapter1: Financial Statements And Business Decisions
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For Sheridan Company, the predetermined overhead rate is 125% of direct labor cost. During the month, Sheridan incurred
$104,000 of factory labor costs, of which $80,500 is direct labor and $23,500 is indirect labor. Actual overhead incurred was
$105,225.
(a1)
Compute the amount of manufacturing overhead applied during the month.
Manufacturing overhead applied $
Transcribed Image Text:For Sheridan Company, the predetermined overhead rate is 125% of direct labor cost. During the month, Sheridan incurred $104,000 of factory labor costs, of which $80,500 is direct labor and $23,500 is indirect labor. Actual overhead incurred was $105,225. (a1) Compute the amount of manufacturing overhead applied during the month. Manufacturing overhead applied $
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