Here are selected basic data for Wilson Company: Estimated manufacturing overhead $243,750 Factory utilities $30,200 Estimated labor hours 35,000 Indirect labor $22,700 Actual direct labor hours 36,000 Sales commissions $54,100 Estimated direct labor cost $325,000 Factory rent $47,700 Actual direct labor cost $320,000 Factory property taxes $29,100 Factory depreciation $65,800 Indirect materials $33,700 If the company allocates overhead based on direct labor cost, what are the total actual manufacturing overhead costs?
Here are selected basic data for Wilson Company: Estimated manufacturing overhead $243,750 Factory utilities $30,200 Estimated labor hours 35,000 Indirect labor $22,700 Actual direct labor hours 36,000 Sales commissions $54,100 Estimated direct labor cost $325,000 Factory rent $47,700 Actual direct labor cost $320,000 Factory property taxes $29,100 Factory depreciation $65,800 Indirect materials $33,700 If the company allocates overhead based on direct labor cost, what are the total actual manufacturing overhead costs?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Here are selected basic data for Wilson Company:
Estimated manufacturing
|
$243,750
|
|
Factory utilities
|
$30,200
|
|
Estimated labor hours
|
35,000
|
|
Indirect labor
|
$22,700
|
|
Actual direct labor hours
|
36,000
|
|
Sales commissions
|
$54,100
|
|
Estimated direct labor cost
|
$325,000
|
|
Factory rent
|
$47,700
|
|
Actual direct labor cost
|
$320,000
|
|
Factory property taxes
|
$29,100
|
|
Factory
|
$65,800
|
|
Indirect materials
|
$33,700
|
|
If the company allocates overhead based on direct labor cost, what are the total actual manufacturing overhead costs ?
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