Kelly Textiles estimated manufacturing overhead for the year to be $315,600. At the end of the year, the actual direct labor hours worked were 27,600 hours. The actual manufacturing overhead incurred was $310,800, and overhead was overapplied by $12,000. If the predetermined overhead rate is based on direct labor hours, then the estimated direct labor hours at the beginning of the year used in calculating the predetermined overhead rate must have been___. a. 27,600 direct labor-hours b. 26,800 direct labor-hours c. 27,000 direct labor-hours d. 28,000 direct labor-hours

Kelly Textiles estimated manufacturing overhead for the year to be $315,600. At the end of the year, the actual direct labor hours worked were 27,600 hours. The actual manufacturing overhead incurred was $310,800, and overhead was overapplied by $12,000. If the predetermined overhead rate is based on direct labor hours, then the estimated direct labor hours at the beginning of the year used in calculating the predetermined overhead rate must have been___. a. 27,600 direct labor-hours b. 26,800 direct labor-hours c. 27,000 direct labor-hours d. 28,000 direct labor-hours

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 8PB: Queen Bees Honey, Inc., estimated its annual overhead to be $110,000 and based its predetermined...

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