Horizon Tech Company estimated manufacturing overhead costs for 2020 at $600,000, based on 300,000 estimated direct labor hours. Actual direct labor hours for 2020 totalled 320,000. The manufacturing overhead account contains debit entries totalling $630,000. What was the manufacturing overhead for 2020?

Horizon Tech Company estimated manufacturing overhead costs for 2020 at $600,000, based on 300,000 estimated direct labor hours. Actual direct labor hours for 2020 totalled 320,000. The manufacturing overhead account contains debit entries totalling $630,000. What was the manufacturing overhead for 2020?

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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