Harms Shoe Company applies manufacturing overhead based on direct labor hours as the allocation volume. Information concerning manufacturing overhead and labor for July follows: Estimated direct labor: 6,100 hours and $14.20 Estimated manufacturing overhead: $277,184 How much overhead will be allocated during July to products with a direct labor of 5 hours? a. $71.00 b. $45.44 c. $16.00

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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Harms Shoe Company applies manufacturing overhead based on direct
labor hours as the allocation volume. Information concerning
manufacturing overhead and labor for July follows: Estimated direct labor:
6,100 hours and $14.20
Estimated manufacturing overhead: $277,184
How much overhead will be allocated during July to products with a direct
labor of 5 hours?
a. $71.00
b. $45.44
c. $16.00
Transcribed Image Text:Harms Shoe Company applies manufacturing overhead based on direct labor hours as the allocation volume. Information concerning manufacturing overhead and labor for July follows: Estimated direct labor: 6,100 hours and $14.20 Estimated manufacturing overhead: $277,184 How much overhead will be allocated during July to products with a direct labor of 5 hours? a. $71.00 b. $45.44 c. $16.00
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